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Sonic Pays $180 Million In Acquisition of AEL

Purchase of American Esoteric Laboratories puts Sonic Healthcare into new U.S markets

CEO SUMMARY: In a transaction that was quietly negotiated, Sonic Healthcare Ltd. will purchase American Esoteric Laboratories, Inc. (AEL). News of the sale was released Friday and the sale may close in early January. Once it owns AEL, Sonic will have a major presence in Memphis, Tennessee. It will also gain regional laboratory operations in …

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