Trex finalizes Continental buyout
X-ray vendor Trex Medical of Danbury, CT, announced last weekthat it has completed its acquisition of Continental X-Ray ofBroadview, IL (SCAN 4/24/96). Trex paid $19.3 million for Continental,including the assumption of $6.2 million of Continental's
X-ray vendor Trex Medical of Danbury, CT, announced last week
that it has completed its acquisition of Continental X-Ray of
Broadview, IL (SCAN 4/24/96). Trex paid $19.3 million for Continental,
including the assumption of $6.2 million of Continental's debt.
The purchase price is higher than previously announced because
of an increase in working capital, Trex said. Continental had
sales of $25 million last year.
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