Investment Bank Offers $77 Million to Buy Syncor
A Lisle, Ill., investment bank Friday submitted an offer worth about $77 million to buy Syncor International Corp., the Chatsworth distributor of radiopharmaceuticals.
Van Kampen Merritt, the investment bank, said it was making the $7.57-per-share bid on behalf of an unnamed client.
Dee Carrington, vice president for home care at Syncor, said the company’s board would evaluate the offer.
The offer expires Thursday.
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