New Brunswick Scientific Co., Inc. (NBSC) Message Board

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Biotech / Medical : New Brunswick Scientific Co., Inc. (NBSC)

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To: scaram(o)uche who started this subject	4/23/2003 1:04:48 PM
From: richardred	Read Replies (1) of 724

NBSC-A nice fit-for-SPX-They bought Kendro a few years back spx.com A new diversified bio-player-SPX-The sale of INRANGE converts a non core asset into $173mm of cash with no earnings loss and the exit of the Assa Abloy JV and various properties will bring in another $100mm+ with little earnings loss. Some of these proceeds will likely find their way into further capital reductions or support a positive arbitrage into small acquisitions that augment a core business. Fisher still being sold off by major shareholder- AOT-buying back it own stock

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