Quest Pays $1.1 Billion To Acquire Unilab Corp.

CEO SUMMARY: Quest Diagnostics Incorporated is showing its muscle. The dust had hardly settled on its $500 million acquisition of American Medical Laboratories when the lab industry’s behemoth announced that it would pay $1.1 billion to buy Unilab, by far the largest lab testing company in California. Integration of the two laboratory operations is planned …

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Quest Pays $1.1 Billion To Acquire Unilab Corp.

Its second lab purchase in 2002 positions Quest Diagnostics to dominate California

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