FTC clears sale of Bristol-Myers unit

01/8/2008 | Boston Globe (tiered subscription model), The

The Federal Trade Commission said it has approved the sale of Bristol-Myers Squibb Co.'s medical-imaging unit to private-equity firm Avista Capital Partners for $525 million. The sale, which was announced by Bristol-Myers last month, is part of the company's restructuring efforts to focus on pharmaceuticals.

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