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

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Healthcare diagnostics manufacturer Quidel reached an agreement to acquire Ortho Clinical Diagnostics Holdings for $24.68 a share of common stock in cash and newly issued shares in the combined company.  

The deal price, Quidel said in a press release, represents a 25% premium over Ortho Clinical’s closing price on Wednesday of $19.79. The deal has an equity value of about $6 billion, Quidel said. 


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