button-radnet
FIND AN IMAGING CENTER
×
22 August, 2006

Primedex deal for Radiologix gets US antitrust nod

WASHINGTON, Aug 22 (Reuters) - U.S. antitrust authorities said on Tuesday they approved plans by Primedex Health Systems Inc. (PMDX.OB: Quote, Profile, Research) to buy imaging center operator Radiologix Inc.(RGX.A: Quote, Profile, Research).

Officials have completed their investigation of the deal without taking any action, the Federal Trade Commission said in a notice.

Los Angeles-based Primedex, which runs diagnostic imaging centers in California, has said the deal would create the nation's largest owner and operator of fixed-site diagnostic imaging centers in the United States, with 132 locations.

The cash and stock transaction was valued at about $208 million, including assumed debt, when Primedex announced the deal on July 7.

22 August, 2006