Wednesday, 30 January 2013

BioClinica to Go Private in $123M Sale to JLL Partners

BioClinica Inc . said it agreed to sell itself for about $123 million to JLL Partners , which will merge the provider of clinical trial management services with CoreLab Partners Inc., a medical-imaging company that the firm also is acquiring.
JLL agreed to launch a $7.25-a-share tender offer for the Newtown, Pa., company, a 20% premium to Tuesday's 4 p.m. per-share trading price. The stock has climbed 18% in the past 12 months....

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