Medical Device Merger
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Shareholders of both Urohealth Systems Inc. and Imagyn Medical Inc. will vote Sept. 29 on the proposed merger of the two Orange County makers of medical devices, the companies said Monday.
The agreement provides for Imagyn Medical shareholders to receive 1.4 shares of Urohealth common stock for each share of Imagyn, thereby netting a 29.6% stake in Urohealth.
Urohealth also said regulators have approved its filings regarding securities it intends to issue in connection with the merger.
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