ICU Medical closes buyout of Hospira product line
ICU Medical closes $35 million buyout of Hospira's critical care product line
- On 2:21 pm EDT, Tuesday September 1, 2009
SAN CLEMENTE, Calif. (AP) -- Medical products maker ICU Medical Inc. said Monday it completed the previously announced $35 million buyout of Hospira Inc.'s critical care product line.
The company announced the deal in July.
Shares of ICU fell 3 cents to $37.16 while shares of Hospira added a penny to $39.10 in afternoon trading Tuesday.
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