Test maker tries again to win shareholder approval for a merger
The Medford-based manufacturer of rapid tests hasn't been able to muster the 50.1% of shares needed to complete its merger with a French firm.
Source: newsday.com
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The Medford-based manufacturer of rapid tests hasn't been able to muster the 50.1% of shares needed to complete its merger with a French firm.
They appear to be holding out for a higher offer for Chembio Diagnostics Inc. in Medford, as the merger deadline is extended for a second time.
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