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News about Datascope Corp

  • Datascope to Report First Quarter Fiscal Year 200

    (Tuesday, October 28, 2008 3:16 PM)

    MONTVALE, N.J., Oct. 28, 2008 (GLOBE NEWSWIRE) -- Datascope Corp. (Nasdaq:DSCP) today announced that it will release its first quarter fiscal year 2009 financial results after the market closes on Thursday, November 6, 2008.

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  • Mindray To Buy Datascope's Patient Monitoring Operations For $202M

    ()

    Mindray Medical International Ltd. agreed to acquire Datascope Corp.'s patient monitoring business for $202 million. Mindray, a Chinese medical device company, expects the deal to add to non-GAAP earnings per share starting in 2009. Datascope said it will retain roughly $38 million of receivables generated by the patient monitoring business. Datascope expects its fiscal 2009 earnings will be "essentially unchanged." The company estimates the transaction will produce net cash proceeds of about $185 million after certain expenses. Datascope board is reviewing the use of the proceeds. The deal is expected to close in the second quarter. Mindray posted...



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