Monday, September 28, 2009

Exit: Candela sold to Syneron

Syneron Medical Ltd. and Candela Corporation to Merge Creating a Leading Global Aesthetic Device Company
Wed Sep 9, 2009 5:00am EDT YOKNEAM, ISRAEL and WAYLAND, MA,

Syneron Medical Ltd. (NASDAQ: ELOS) and Candela Corporation (NASDAQ: CLZR) announced today that they have entered into a definitive agreement to combine the companies in an all stock transaction. The transaction is expected to be completed by year-end 2009.

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