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Laboratory Merger & Acquisitions Saw Several Deals during 2009

Sonic and LabCorp remain opportunistic buyers, some pathology groups tap private equity capital

CONSOLIDATION OF INDEPENDENT CLINICAL LABORATORIES continued during 2009. The most active acquirer was Sonic Healthcare, Ltd., of Sydney, Australia. It purchased three laboratories in the United States this year. Just this month, Sonic acquired East Side Clinical Laboratory in Providence, Rhode Island. This acquisition gives Sonic a presence in New England. East Side was founded …

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