Interpace up 9% after hours on Cancer Genetics deal [Seeking Alpha]
CANCER GENETICS (CGIX)
Last cancer genetics earnings: 11/19 04:16 pm
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US:NASDAQ Investor Relations:
ir.cancergenetics.com
Company Research
Source: Seeking Alpha
Interpace Diagnostics (NASDAQ: IDXG ) has acquired Cancer Genetics' (NASDAQ: CGIX ) Biopharma Services business for ~$23.5M subject to adjustments. The business generated ~$15M in revenue in 2018. Concurrently, private equity shop Ampersand Capital Partners has agreed to invest $27M in Interpace in two tranches of newly issued convertible preferred stock. IDXG is up after hours while CGIX is up . See all stocks on the move » Now read: Intercept And Ocaliva In PBC: The Clinical Plan For Bezafibrate » Subscribe for full text news in your inbox
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