2023-08-03 08:31:08 ET
- Labcorp ( NYSE: LH ) announced an agreement with Tufts Medicine for Labcorp to acquire the Tufts Medicine outreach laboratory business and select operating assets.
- The transaction allowed Labcorp to expand patient specimen collection access in locations and communities where Tufts Medicine operates.
- The outreach acquisition is expected to be finalized in October 2023.
- Additional terms of the transactions were not disclosed.
- LH +0.9% premarket to $216.83
- Source: Press Release
For further details see:
Labcorp to acquire Tufts Medicine's outreach lab business