Florida company makes bid for Digital Angel

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By John Vomhof Jr, Minneapolis-St.Paul Business Journal

“A Florida company has offered to acquire Digital Angel Corp. for nearly $17 million.

PositiveID Corp — a Delray Beach, Fla.-based company that develops diagnostic devices and identification technologies for the health care and information-management industries — is offering 60 cents per outstanding share of Digital Angel stock, a 60 percent premium on the average closing price for the 20 trading days ending Tuesday.”

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