RadNet to Pay $350 Million Cash and 5 Million Shares to ONRAD Shareholders
ONRAD shareholders are set to receive $350 million in cash and 5 million RadNet shares.
Story updates
08:13:41 PM UTC
SquawkNews
By Elias SchisgallRadNet has agreed to acquire the radiology services firm Onrad for $350 million in cash and 5 million shares.The company said that in addition to the initial payment, Onrad shareholders are eligible for an earnout of up to $210 million, which RadNet can choose to pay in cash or st…
08:16:34 PM UTC
SquawkNews
RadNet agreed to acquire OnRad in a transaction expected to close in early 2027, subject to customary conditions. OnRad holders and holders of vested options are set to receive $350 million in cash, subject to customary adjustments and escrow holdbacks, and 5 million RadNet shares, with up to $210…