Sonic Makes Big Play In AP With CBL Path Buy

Sonic Healthcare, Ltd, will pay $123.5 million to acquire CBL Path and its AP testing capabilities

CEO SUMMARY: With the announcement that it will purchase CBL Path, Inc., Sonic Healthcare, Ltd., becomes the latest public laboratory company to buy a sizeable presence in the national anatomic pathology (AP) marketplace. For CBL Path, founded in 2003 by ex-Dianon executives and sales professionals, it is the exit strategy for which they have long …

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