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New Deal


Announced

Quest Diagnostics to acquire Labtech Diagnostics.

Synopsis

Quest Diagnostics, a provider of diagnostic information services, agreed to acquire Labtech Diagnostics, an independent clinical diagnostic laboratory provider serving physicians and patients. Financial terms were not disclosed. "Our acquisition of Labtech Diagnostics delivers on our Accelerate growth strategy in the Southeast and vision of a healthier world. Establishing a laboratory in South Carolina will enable us to provide diagnostic insights empowering affordable care to more patients and providers while building on our growth aims in the region," Steve Rusckowski, Quest Diagnostics Chairman, CEO and President.

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