E-Z-EM has completed the merger of Eagle Acquisition Sub, a wholly owned subsidiary of Bracco Diagnostics, with E-Z-EM, and the other transactions contemplated by the agreement and plan of merger, among Bracco, Eagle Acquisition, E-Z-EM and, for the limited purposes specified therein, Bracco Imaging.

Under the terms of the merger agreement, each outstanding common share of E-Z-EM was converted into the right to receive $21 in cash, without interest and less any required withholding tax. E-Z-EM is now a wholly owned subsidiary of Bracco.