Bovie Medical Corp. (BVX) announced Monday morning that it has agreed to sell its Core business segment and the Bovie brand to Symmetry Surgical Inc. for $97 million in cash.
Bovie Medical gapped up slightly this morning and has continued to rise in early trade. Shares are now up 0.50 at $5.49. The stock has been gaining ground for the past 2 weeks and has set a new high for the year.
by RTTNews Staff Writer
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