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Digirad sells DMS Health

Digirad Corporation sells DMS Health for $18.75 mln

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The FINANCIAL — Digirad Corporation (Nasdaq: DRAD; DRADP) (“Digirad” or the “Company”), a diversified holding company (“HoldCo”) with three divisions: Healthcare, Building & Construction, and Real Estate & Investments, announced today it has entered into a Stock Purchase Agreement (the “Agreement”) to sell its DMS Health Technologies, Inc. (“DMS Health”) business unit. The purchase price under the Agreement is $18.75 million. The Agreement is subject to customary closing conditions and is expected to close in January 2021. DMS Health is the Mobile Healthcare business unit of the Company’s Healthcare division. DMS Health provides contract diagnostic imaging, including computerized tomography (“CT”), magnetic resonance imaging (“MRI”), positron emission tomography (“PET”), PET/CT, and…

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Digirad Corporation sells DMS Health for $18.75 mln

1 min read

The FINANCIAL — Digirad Corporation (Nasdaq: DRAD; DRADP) (“Digirad” or the “Company”), a diversified holding company (“HoldCo”) with three divisions: Healthcare, Building & Construction, and Real Estate & Investments, announced today it has entered into a Stock Purchase Agreement (the “Agreement”) to sell its DMS Health Technologies, Inc. (“DMS Health”) business unit. The purchase price under the Agreement…