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Published on 10/30/2008 in the Prospect News Special Situations Daily.

Vital Signs now part of GE Healthcare

By Lisa Kerner

Charlotte, N.C., Oct. 30 - GE Healthcare completed its $74.50-per-share acquisition of Vital Signs, Inc. first announced in July.

Vital Signs shareholders approved the merger on Wednesday.

The company becomes part of GE Healthcare's clinical systems business, which provides technologies for patient monitoring, anesthesia delivery and acute respiratory care, according to a GE Healthcare news release.

Based in Chalfont St. Giles, England, GE Healthcare is a unit of General Electric Co. 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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