NEW YORK (GenomeWeb) – Health Diagnostics Laboratory today announced a deal with True Health Diagnostics to serve as the "stalking horse bidder" in the court-supervised sale of substantially all of HDL's assets. 

True Health has agreed to buy HDL's assets for $32 million. As the stalking horse bidder, True Health's offer is the minimum bid for the transaction, and other potential buyers will be able to submit competing bids. The final price for HDL's assets will be determined at an auction scheduled for Sept. 10. 

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