Investors Coming Back To Clinical Lab Industry

Private LBO company pays $420 million in cash and debt to acquire Unilab Corp.

CEO SUMMARY: Wall Street money is beginning to flow back into the commercial laboratory industry. This time the beneficiary is Unilab Corporation of Tarzana, California. New York-based Kelso & Company signed an agreement to buy 93% of Unilab’s shares. The common perception among financial analysts and money managers is that commercial laboratories may again be …

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