Hologic closes $4B Gen-Probe buyout | Wall Street Beat
Hologic completes its $4 billion acquisition of Gen-Probe and puts up solid numbers for its fiscal 3rd quarter, sending shares up nearly 3% since July 30.
Hologic  (NSDQ:HOLX ) said its nearly $4 billion buyout of molecular diagnostics giant Gen-Probe  (NSDQ:GPRO ) is in the books, a day after Gen-Probe's shareholders OK'd the $82.75-per-share deal.
The acquisition, valued at about $3.7 billion, puts Hologic in the top tier of the diagnostics space, outside of its traditional market, women's health.
Hologic said  the deal should add 20¢ per adjusted share during fiscal 2013 and should be "significantly more accretive" thereafter.