FALCO biosystems to Acquire Shida-Iken.Tokyo, Japan, Feb 10, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) ) - FALCO Falco a genus of the family Falconidae (birds of prey). Includes F. biarmicus—lanner falcon, F. columbaris—kestrel, pigeon hawk or merlin, F. mexicanus—prairie falcon, F. peregrinus—peregrine falcon, F. rusticolus—gyrfalcon, F. biosystems has signed an agreement with Shida-Iken,a clinical laboratory testing company in Shizuoka, whereby the former will acquire the latter as its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. . Under the agreement terms, the two companies will conclude a share transfer agreement on February 21 and complete the transaction on March 22. With this move, FALCO biosystems aims to expand its clinical testing business to consolidate its foothold foot·hold n. 1. A place providing support for the foot in climbing or standing. 2. A firm or secure position that provides a base for further advancement. foothold Noun 1. in Shizuoka. Copyright [c] 2006 Japan Corporate News Network. All rights reserved. |
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