Hill-Rom Acquires Welch Allyn in $2.05B Deal

According to an article via Modern Healthcare, “Hill-Rom, a Chicago-based medical equipment manufacturer, has announced it will acquire Welch Allyn, a Skaneateles Falls, N.Y.-based manufacturer of diagnostic and patient-monitoring equipment. The $2.05 billion deal is expected to diversify publicly owned Hill-Rom’s portfolio, expand its international footprint and allow the capital equipment supplier to gain more revenue outside of the capital spending cycle.” For more information on this merger, please visit: http://www.modernhealthcare.com/article/20150617/NEWS/150619919?

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