Linde Completes Acquisition of Lincare

Linde Completes Acquisition of Lincare

Author: ChemistryViews

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.

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