Radiation Therapy Services to be acquired for $1.1B
Shares of Radiation Therapy Services, Inc. (Nasdaq: RTSX) spiked in pre-market trading after the radiation therapy services firm said it will be acquired by Vestar Capital Partners for $32.50 per share plus assumed debt, for a deal valued at $1.1 billion.
Radiation Therapy provides a range of clinically advanced radiation therapy services to cancer patients.
Shares of Radiation Therapy (RTSX) soared 46.1%, or $9.94, to $31.50 ahead of the opening. Shares of Radiation Therapy have been trading in the range of $19.92 to $34.94 for the past 52 weeks.
