Thermedics Acquires Thermo Voltek

Thermedics Inc., (Woburn, MA) recently finished a $24.5 million acquisition of Thermo Voltek Corp. Both companies manufacture medical devices.

Thermo Voltek's stock will no longer trade on the American Stock Exchange, with each share representing the right to receive $7 in cash. Holders of Thermo Voltek's 3.75% convertible subordinated debentures due 2000 can redeem them for their full worth, in addition to any interest.