Brief: Daxor Corporation Acquires Volumex, Megatope From Its Iso-Tex Diagnostics

Daxor

25/03/2024 13:43

March 25 (Reuters) - Daxor Corp  DXR.O :
    * DAXOR CORPORATION ACQUIRES VOLUMEX® AND MEGATOPE® FROM ITS
EXISTING SUPPLIER ALONG WITH GLOFIL® TO ENHANCE EXISTING SUITE
OF DIAGNOSTICS
    * DAXOR CORP - DAXOR PROJECTS ACQUISITIONS TO BE CASH FLOW
POSITIVE AND ACCRETIVE TO EARNINGS IMMEDIATELY UPON TRANSFER OF
MANUFACTURING
    * DAXOR CORP - DEALS HAVE BEEN STRUCTURED WITH
SELLER-PROVIDED
FINANCING ON FAVORABLE TERMS
    * DAXOR CORP - NO PAYMENTS WILL COME DUE UNTIL MANUFACTURING
IS
FULLY TRANSITIONED TO DAXOR OVER NEXT 6-9 MONTHS

Source text for Eikon:  ID:nGNX8GNbjD 
Further company coverage:  DXR.O 

 ((Reuters.Briefs@thomsonreuters.com;))