Symx Closes Deal to Buy MDL from Elsevier for $123M
 
Symyx Technologies said this week that it has closed its $123 million all-cash purchase of Elsevier’s MDL Information Systems business. Symyx said the final price will be subject to "working capital and other adjustments."
 
The company also has set up a $25 million back-up line of credit for working capital and for future growth initiatives.
 

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