Deals

Quidel to Acquire Ortho Clinical Diagnostics for $6 Billion

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Quidel Corp. has agreed to purchase testing company Ortho Clinical Diagnostics Holdings for $6 billion with a combination for cash and newly issued shares.

Quidel will pay $24.68 a share, a 25% premium over Ortho Clinical’s closing price on Wednesday, the companies said in a statementBloomberg Terminal Thursday.