IntraLase shareholders approve buyout |
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Published
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Fri, 30 Mar 2007 23:27
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IRVINE, Calif. (AP) - Vision correction laser maker IntraLase Corp. said Friday its shareholders approved $808 million buyout of the company by eye care products maker Advanced Medical Optics Inc.Advanced Medical Optics proposed the buyout in January. IntraLase said a substantial majority of its shareholders voted for the buyout. The deal is expected to close shortly, IntraLase said.Shares of IntraLase rose 2 cents to close at $24.98 on the Nasdaq Stock Market while shares of Advanced Medical Products fell 30 cents to close at $37.20 on the New York Stock Exchange.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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