Vital Signs sets meeting date for shareholder vote on GE Healthcare merger

By Lisa Kerner

Charlotte, N.C., Sept. 24 - Vital Signs, Inc. will hold a special meeting of its shareholders on Oct. 29 at 10 a.m. ET.

Shareholders of record as of Sept. 15 will be asked to consider and vote on a plan of merger by and among Vital Signs, General Electric Co. and Tonic Acquisition Corp., a Vital Signs news release said.

On July 23, GE Healthcare announced it agreed to acquire Vital Signs for $74.50 per share in cash.

Based in Chalfont St. Giles, England, GE Healthcare is a unit of General Electric and provides medical technologies and services.

Totowa, N.J.-based Vital Signs designs, manufactures and markets primarily single-patient use medical products for the anesthesia and respiratory/critical-care markets.

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