Quidel Reaches Deal to Buy Ortho Clinical for $24.68 a Share

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https://www.barrons.com/articles/quidel-qdel-ortho-clinical-ocdx-acquisition-51640262475

Updated Dec. 23, 2021 10:49 americium ET / Original Dec. 23, 2021 7:28 americium ET

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Healthcare diagnostics manufacturer Quidel reached an statement to get Ortho Clinical Diagnostics Holdings for $24.68 a stock of communal banal successful currency and recently issued shares successful the combined company.

The woody price, Quidel said successful a property release, represents a 25% premium implicit Ortho Clinical’s closing terms connected Wednesday of $19.79. The woody has an equity worth of astir $6 billion, Quidel said.

The...

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