Friday, February 14, 2014
LasikPlus-Provider LCA-Vision Acquired by PhotoMedex
"PhotoMedex Inc. ...agreed to pay about $106.4 million in cash to acquire LasikPlus vision-correction provider LCA-Vision Inc. ...," according to a Wall Street Journal post on Market Watch. "PhotoMedex, which treats psoriasis, acne and other skin diseases, agreed to pay $5.37 a share in cash to acquire LCA-Vision...The deal will combine a skin healthcare provider that generates more usage of its laser treatments than LCA-Vision, PhotoMedex said. LCA-Vision's centers typically perform only one or two procedures a week, while other days focuses on patient screening and pre- and post-operative care." Read mored.