Meridian Bioscience Announces Preliminary Results for Fiscal 2022 Third Quarter

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Meridian Bioscience (VIVO) to Resume Trading at 7:45 a.m.

July 7, 2022 7:26 AM EDT

Meridian Bioscience (NASDAQ: VIVO) to Resume Trading at 7:45 a.m.

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Meridian Bioscience (VIVO) to Be Acquired by SD Biosensor and SJL Partners in $1.53 Billion All-Cash Transaction, $34 Per Share

July 7, 2022 7:18 AM EDT

Meridian Bioscience, Inc. (NASDAQ: VIVO), a leading global provider of diagnostic testing solutions and life science raw materials, and SD Biosensor, Inc. (KOSE: A137310) and SJL Partners LLC announced today that they have entered into a definitive merger agreement whereby a newly formed affiliate vehicle of the Consortium will acquire Meridian in an all-cash transaction valued at approximately $1.53 billion.

Under the terms of the agreement, Meridian shareholders will receive $34.00 per share in cash, which represents a premium of approximately 32% over Meridian's closing stock price on the day before the Consortium's first offer before... More