The Linde Group announced that it has successfully completed its acquisition of Lincare Holdings Inc. (NASDAQ: LNCR). Lincare has become a wholly owned indirect subsidiary of Linde, its common stock will no longer be listed on the Nasdaq Global Select Market.
As announced in August, Linde completed a tender offer in which it purchased approximately 88.85 % of the shares of Lincare common stock. It acquired all the remaining issued and outstanding shares of Lincare common stock by means of a short-form merger.
Lincare provides oxygen and other respiratory services to patients.
- Linde Group, Munich, Germany
- Lincare Holdings Inc., North Clearwater, FL, USA