Neogen Buys GeneSeek for $13.8M | GenomeWeb

By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Food and livestock safety diagnostics company Neogen has bought agricultural genetics firm GeneSeek through a stock purchase valued at roughly $13.8 million, Neogen said today.

The full price for GeneSeek, which earned revenues of approximately $12.5 million in 2009, will depend on contingent payments based on its performance, Neogen said.

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