CORRECTED: Patterson Cos.to sell medical business to Madison Dearborn for $715 mln in cash
(Corrects typo in number in headline) Patterson Companies Inc. said Wednesday it has agreed to sell its medical business to private-equity firm Madison Dearborn Partners for about $715 million in cash. The deal is expected to close in the second quarter. "Patterson's strategy for growth is to focus our resources and investments on building our dental and animal health businesses," Chief Executive Scott Anderson said in a statement. The medical business is expected to thrive under new ownership... Читать дальше...