Two years after acquisition, MXX is back in the black
Digesting acquisitions can be a slow process - 18-24 months seems about average - and International Murex Technologies Corp. appears to have just about completed the task of digesting its February 1992 acquisition of Wellcome Diagnostics.
Year-end results for the Norcross, Ga.-based diagnostics company put it in the black for the first time since the acquisition,