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Analogic Corp. (ALOG) Is Falling After Bought By Altaris Capital

Analogic Corp. (ALOG) announced after the bell Tuesday that it has agreed to be acquired by an affiliate of Altaris Capital Partners for $84.00 per share in cash, or approximately $1.1 billion. The stock is now down 11.75 on 76K shares.

Analogic gapped up slightly Tuesday, but was range-bound throughout the session. The stock closed up by 1.10 at $96.05.

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