News Article

Molecular Devices acquires LJL BioSystems
Date: Jun 01, 2000
Source: ( click here to go to the source)

Featured firm in this article: LJL Biosystems Inc of Sunnyvale, CA

Molecular Devices (bioanalytical measurement systems) has acquired LJL BioSystems (assay automation systems) in a $240mm stock swap. For each LJL BioSystems share, the shareholder will receive $16.19 in Molecular Devices stock, a (pr)43% premium based on the market average.