Bio-logic Systems Corp. Announces Stockholder Approval of Merger
04 Januar 2006 - 7:08PM
Business Wire
Bio-logic Systems Corp. (NASDAQ:BLSC) announced that at a special
meeting held today its stockholders approved and adopted the
Agreement and Plan of Merger, dated as of October 16, 2005, by and
among Natus Medical Incorporated, Summer Acquisition Corporation, a
wholly-owned subsidiary of Natus, and Bio-logic and approved the
merger of Summer Acquisition Corporation with and into Bio-logic,
with Bio-logic continuing as a wholly-owned subsidiary of Natus.
The merger is expected to close prior to the open of trading on The
NASDAQ Stock Market on January 5, 2006. Under the terms, and
subject to the conditions, of the merger agreement, Natus will pay
$8.77 in cash for each outstanding share of Bio-logic common stock.
Cautionary Note Regarding Forward-Looking Statements This press
release contains forward-looking statements that are based on the
beliefs of the management of Bio-logic, as well as assumptions made
by, and information currently available to, Bio-logic's management.
The forward-looking statements are subject to certain risks,
uncertainties and other factors that could cause actual results to
differ materially from those expressed in or implied by the forward
looking statements, including the risk that Bio-logic's merger with
Natus will not be consummated on a timely basis or at all and other
risks related to the pendency of the merger. Except as expressly
required by the federal securities laws, Bio-logic undertakes no
obligation to update or revise these forward-looking statements or
forecasts to reflect new events or changed circumstances or for any
other reason.
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