Alliance closes MDI acquisition

May 27, 1998

Mobile imaging services firm Alliance Imaging has completed its purchase of Medical Diagnostics, first announced in April (SCAN 4/15/98). With the acquisition, Alliance now operates more than 200 MRI systems in the U.S. The company also provides

Mobile imaging services firm Alliance Imaging has completed its purchase of Medical Diagnostics, first announced in April (SCAN 4/15/98). With the acquisition, Alliance now operates more than 200 MRI systems in the U.S. The company also provides CT, nuclear medicine, lithotripsy, and other healthcare services, according to Anaheim, CA-based Alliance. The transaction was valued at approximately $35.6 million, including assumption of indebtedness. Alliance utilized bank financing to meet the cash portion of the transaction.