October 30, 2007 - Bracco Diagnostics, the subsidiary of contrast media developer Bracco Imaging, will acquire E-Z-EM at $21 a share for an estimated total of $241 million.
Independent members of E-Z-EM's board of directors have approved the agreement as well as a group of E-Z-EM stockholders, who represent approximately 34 percent of E-Z-EM’s outstanding shares.
