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How will Quest Diagnostics' stock price react by October 31, 2024, to the acquisition announcement?
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Quest Diagnostics to Acquire LifeLabs for $985 Million (C$1.35 Billion)
Jul 3, 2024, 12:56 PM
Quest Diagnostics has announced its acquisition of LifeLabs, a Canadian provider of community laboratory tests, from OMERS for approximately $985 million, including debt. The deal, valued at C$1.35 billion, will enhance diagnostic services in Canada. The acquisition was officially announced on July 3, 2024. Quest Diagnostics trades under the ticker symbol $DGX.
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