Healthcare M&A » By The Online Investor Staff, updated Fri., Sep. 30, 3:56 PM
Recent mergers and acquisitions in the Healthcare M&A category.
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Slide #77. Quest Diagnostics — Summit Health
Acquirer:
Quest Diagnostics (NYSE:DGX)
Acquiree:
Summit Health
Details:
Quest Diagnostics (NYSE: DGX), the world's leading provider of diagnostic information services, today announced that it has entered into a definitive purchase agreement under which Quest will acquire Summit Health. Terms of the transaction were not disclosed. Summit Health is a leading provider of on-site prevention and wellness programs primarily for employers.
Quest Diagnostics provides diagnostic information services. Co. is made up of two businesses: Diagnostic Information Services, which develops and delivers diagnostic information services, providing insights that allow and enable a range of customers, including patients, clinicians, hospitals, independent delivery networks (including hospital health systems), health plans, employers, accountable care organizations and direct contract entities; and Diagnostic Solutions, which includes Co.'s risk assessment services business, which provides solutions for insurers, and Co.'s healthcare information technology businesses, which provides solutions for healthcare providers.
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Avg. Broker Rec.
 
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Buy (2.55 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: DGX Stock Forecast Based on Zacks ABR data; powered by Xignite |
