In Brief: Zila acquires Bio-Dental
This article was originally published in The Tan Sheet
Zila acquires Bio-Dental: Following Dec. 30 approval by Sacramento, Calif.-based Bio-Dental Technologies' shareholders, acquisition by Phoenix, Ariz.-based Zila is completed Jan. 8. Acquisition of the dental supply manufacturer and distributor will increase Zila's revenues from $6.8 mil. in FY 1996 to $40 mil. in FY 1997, the company estimates. Bio-Dental shareholders will receive .825 shares of Zila stock for each Bio-Dental share. Zila markets a number of oral health care products, including the OTC Zilactin line...
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