National Dentex Completes Merger
National Dentex Completes Merger
National Dentex Corp., shareholders adopted and approved the merger agreement with GeoDigm, a technology based manufacturing and laboratory company and a portfolio company of Welsh, Carson, Anderson and Stowe. Royal Acquisition Corp., was merged with and into National Dentex, which continues as the surviving corporation and wholly owned subsidiary of Geo Digm.
Under the terms of the merger, National Dentex’s shareholders will receive $17 in cash for each share of National Dentex common stock. This represents a premium of approximately 70 percent over National Dentex’s closing share price on the last trading day before the merger announcement.
“We believe that the merger with GeoDigm provides an attractive all-cash valuation to our shareholders,” said David L. Brown CEO of National Dentex. “We look forward to partnering with GeoDigm and its ICON platform to transform dental lab operations and create clear value for our dental clients.”


