Lumenis and XIO Expected to Complete Merger on Oct. 15
CNN Money reported that Lumenis Ltd. and XIO Group jointly announced today that the merger transaction under which XIO Group will acquire Lumenis for $14.00 per share in cash, is expected to close by October 18, 2015.
Lumenis shareholders approve merger with XIO Fund I LP
Nasdaq GlobeNewswire reported that Lumenis Ltd. announced that the shareholders of Lumenis approved merger proposal at a special shareholders meeting held on August 3. According to the merger proposal Lumenis will become a wholly-owned subsidiary of an Israeli company that is, indirectly, wholly- owned by XIO Fund I LP. The merger with XIO is expected to close in September 2015.