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Hologic agrees to buy Gen-Probe for $3.7b

By Robert Weisman and Chris Reidy

 |  Globe Staff  

  April 30, 2012

Bedford-based Hologic Inc., a developer and maker of diagnostic products and medical imaging systems designed primarily for women, has agreed to buy Gen-Probe Inc. for $3.7 billion. The transaction is expected to be completed later this year. The agreement calls for Hologic to acquire all of the outstanding shares of Gen-Probe for $82.75 per share, which represents a roughly 20 percent premium to Friday’s closing price. In late Monday morning trading, Hologic shares were down about 9 percent.

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