Specialized Health Products Receives Stockholder Approval and Completes Acquisition by C. R. Bard
Friday June 6, 9:00 am ET
BOUNTIFUL, Utah--(BUSINESS WIRE)--Specialized Health Products International, Inc., (“Specialized Health Products”) (OTCBB:SHPI - News), a leading developer, manufacturer and marketer of proprietary safety medical products, today announced that it has completed its merger into a wholly owned subsidiary of C. R. Bard, Inc. (NYSE:BCR - News), a leading multinational medical technologies company, for cash consideration of $68.4 million, or $1.00 per share. The transaction was overwhelmingly approved by Specialized Health Products stockholders at a special meeting held on June 5, 2008, with 90% of the votes cast in favor of the merger.
Specialized Health Products stockholders may refer to the proxy statement delivered to stockholders in connection with the special meeting for information and instructions regarding how and when they will receive their portion of the merger consideration. The proxy statement has been filed with the Securities and Exchange Commission and can be accessed online at www.sec.gov or on the Company’s website at www.shpi.com. Questions from stockholders may be directed to the paying agent, JPMorgan Chase Bank, N.A., by calling (800) 318-5202.
Contact:
JPMorgan Chase Bank, N.A.
Paying Agent, 800-318-5202
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Source: Specialized Health Products International, Inc.
