National Dentex (NADX) Acquired Keller Group for $19.125 Million
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National Dentex (NASDAQ: NADX) announced that it had acquired Keller Group, Incorporated, a privately-held dental laboratory business with production facilities in both St. Louis, Missouri and Louisville, Kentucky, and sales offices in Kansas City, Missouri and Indianapolis, Indiana.
The transaction was effected on October 5, 2006 in the form of a stock purchase agreement pursuant to which National Dentex purchased all the outstanding shares of capital stock of Keller for total cash consideration at closing of $19,125,000, and an additional deferred payment to be determined and payable in accordance with the agreement's terms.
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