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Utah medical technology giant Merit Medical Systems Inc. has agreed to buy two product lines from Becton, Dickinson & Co., which operates under the trademark BD, for a reported cost of $100 million. BD proposed the sale of the assets in conjunction with its acquisition of C.R. Bard Inc. and Merit has agreed to the sale subject to BD closing the deal with Bard. The final sales price is subject to adjustment for fluctuations in the value of transferred inventory.
Founded in 1987, Merit is a manufacturer and marketer of proprietary disposable...