Axogen Enters Into Definitive Agreement To Acquire BioCircuit Technologies
AXGN•Definitive agreement to acquire BioCircuit Technologies
Sept. 10 (Reuters) - AxoGen, Inc. AXGN.O:
- Axogen enters into definitive agreement to acquire BioCircuit Technologies
- Axogen to buy BioCircuit for $200 million in cash
- Axogen said the deal is expected to be accretive to revenue, adjusted EBITDA margin and adjusted EPS in the first year
- Axogen said it will fund the purchase price with net proceeds from a public offering
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