Chicago-Based Dresner Partners Represents Bio-logic in Sale to Natus Medical.CHICAGO -- Dresner Partners announced that it acted as the exclusive financial advisor to Bio-logic Systems Corp. in its recent merger with Natus Medical Incorporated (Nasdaq:BABY). Natus announced the completion of the merger on January 5, 2006. Natus develops, manufactures and markets products for the detection, treatment, monitoring and tracking of common disorders in newborns and children. Dresner Partners, a NASD-registered, middle-market investment bank, advised Bio-logic on the transaction and provided a fairness opinion Fairness Opinion A report put together by qualified analysts or advisors providing to key decision makers an evaluation of and facts about a merger or acquisition. Notes: A fairness opinion serves as a document used for guidance in a merger, takeover, or acquisition. to the board of directors of Bio-logic. Mundelein, Illinois-based Bio-logic develops and markets computer-based electrodiagnostic systems and disposable disposable Nursing adjective Referring to that which is discarded or disposed of noun An item used in health care-related Pt contact which is discarded after use–eg masks, gloves, gowns, needles, paper products, syringes, wipes. See Biohazardous waste. supplies used by medical practitioners to aid in the detection, diagnosis and monitoring of certain hearing, neurological neurological, neurologic pertaining to or emanating from the nervous system or from neurology. neurological assessment evaluation of the health status of a patient with a nervous system disorder or dysfunction. and sleep disorders Sleep Disorders Definition Sleep disorders are a group of syndromes characterized by disturbance in the patient's amount of sleep, quality or timing of sleep, or in behaviors or physiological conditions associated with sleep. . Gabriel Raviv, chairman and chief executive officer of Bio-logic, said, "I believe the expanded opportunities provided through this acquisition will accelerate sales of our technologies into the marketplace and will benefit both our employees and our customers." "Natus Medical and Bio-logic Systems are among the most respected brand names in the medical technology sector," said Steven M. Dresner, president of Dresner Partners. "This merger is highly complementary, strengthening both businesses and enhancing growth opportunities for the combined organizations. Our ability to enhance shareholder value in the context of this transaction was a function of our long-standing relationship with and in-depth knowledge of Bio-logic, as well as our expertise in middle-market health care transactions." About Dresner Partners Dresner Partners is a NASD-registered, middle-market investment bank based in Chicago, Illinois Illinois, river, United States Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway. . Founded in 1991, Dresner Partners provides financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to business owners and managers throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , including institutional private placements of debt and equity, merger & acquisition advisory, and valuation and strategic consulting. |
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