Salt Lake-based BSD Medical Corp. said Thursday that American Medical Systems Holdings Inc. has finished its acquisition of TherMatrx Inc., including all of BSD's holdings in TherMatrx.
BSD will receive an initial payment of about $9 million in cash, plus contingent payments based on TherMatrx sales made between July 5, 2004, and Dec. 31, 2005.
BSD said in a release that it projects a total payout in the range of $40 million by the end of the earn-out period.
Minnesota-based American Medical is a medical devices company. BSD Medical develops thermal therapies for medical use delivered by microwave energy.
Consumer confidence
A better hiring outlook and lower gas prices pushed a measure of U.S. consumer confidence to its highest level in four and a half years.
poorer people charitable
A 2009 study showed the poor give a higher percentage of their income to charity than rich people.
summer tax cut vote
The House will vote this summer on continuing wide-ranging tax cuts first enacted under President Bush.
- Wasting Money: Designer pet clothing and 59...
- KSL TV news icon Bruce Lindsay calls it a career
- Millennials love to spend money they don't have
- Top 10 poorest states in America
- Law school grad pays off $114,460 in debt...
- 18 cheap ways to captivate teens
- Billboard battle heats up as company files...
- Why Americans aren't saving for retirement
Subscribe
Mobile
RSS
- President Obama's Bain Capital assault...
54 - Billboard battle heats up as company... 29
- Utah County cities, businesses claim... 15
- Dangerous debt?: consumer advocate... 12
- KSL TV news icon Bruce Lindsay calls it... 12
- Rising health care costs burden families 10
- 'Greecing' the wheels: U.S. financial... 10
- Millennials love to spend money they... 9
DeseretNews.com encourages a civil dialogue among its readers. We welcome your thoughtful comments.
— About comments