Brief: PhotoMedex sells unit to Vision Acquisition, Llc for $40 million

Gadsden Properties

02/02/2015 19:55

Feb 2 (Reuters) - PhotoMedex Inc  PHMD.O : 
 * Sells lca-vision subsidiary to vision acquisition, llc for $40 million 
 * Intends to use the proceeds from this transaction to pay down portions of its 
   outstanding revolving line of credit and term loan 
 
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