Owens & Minor, Inc. (NYSE: OMI), a leading healthcare logistics company,
and Medical Action Industries Inc. (Nasdaq: MDCI), a leading producer of
custom procedure trays (CPTs) and minor procedure kits, announced today
that the two companies have signed a definitive agreement under which
Owens & Minor will acquire all outstanding shares of Medical Action for
$13.80 per share in cash, representing a total transaction value of
approximately $208 million, including assumed debt, net of cash.
for Owens & Minor to Acquire Medical Action Industries, a Leading Provider of Procedure-Based Kits and Trays investment picks