ARTICLE | Company News

Asahi Kasei to acquire Zoll Medical for $2.2 billion

March 13, 2012 12:18 AM UTC

Asahi Kasei Corp. (Tokyo:3407) will acquire Zoll Medical Corp. (NASDAQ:ZOLL) for $93 per share in cash, or about $2.2 billion. The price is a 24% premium to Zoll's close of $75.10 on Friday, before the deal was announced. The deal is expected to close next quarter. ...