Quest Diagnostics 2014 Annual Report Download - page 86
Download and view the complete annual report
Please find page 86 of the 2014 Quest Diagnostics annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.QUEST DIAGNOSTICS INCORPORATED AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – CONTINUED
(in millions unless otherwise indicated)
)
VHH1RWH,QDGGLWLRQWKH&RPSDQ\JUDQWHGWR80DVVDFDOORSWLRQDQG80DVVJUDQWHGWRWKH&RPSDQ\DSXWRSWLRQIRU
80DVVWRDFTXLUHDQHTXLW\LQWHUHVWLQDQHZO\IRUPHGHQWLW\7KHSXWDQGFDOORSWLRQVKDYHDUHPDLQLQJYHVWLQJSHULRG
RIDSSUR[LPDWHO\PRQWKVVHH1RWH
Acquisition of Advanced Toxicology Network
2Q0D\WKH&RPSDQ\FRPSOHWHGWKHDFTXLVLWLRQRIWKHWR[LFRORJ\DQGFOLQLFDOODERUDWRU\EXVLQHVVRI
$GYDQFHG7R[LFRORJ\1HWZRUN$71IURP&RQFHQWUDDVXEVLGLDU\RI+XPDQD,QF7KHDVVHWVDFTXLUHGDWWKHDFTXLVLWLRQ
GDWHSULPDULO\UHSUHVHQWJRRGZLOODQGLQWDQJLEOHDVVHWVSULQFLSDOO\FRPSULVHGRIFXVWRPHUUHODWHGLQWDQJLEOHVVHH1RWH
Acquisition of Dignity Health
2Q-XQHWKH&RPSDQ\FRPSOHWHGWKHDFTXLVLWLRQRIFHUWDLQODEUHODWHGFOLQLFDORXWUHDFKVHUYLFHRSHUDWLRQV
RI'LJQLW\+HDOWK'LJQLW\DKRVSLWDOV\VWHPLQ&DOLIRUQLD7KHDVVHWVDFTXLUHGDWWKHDFTXLVLWLRQGDWHSULPDULO\UHSUHVHQW
JRRGZLOODQGLQWDQJLEOHDVVHWVSULQFLSDOO\FRPSULVHGRIFXVWRPHUUHODWHGLQWDQJLEOHVVHH1RWH
Acquisition of ConVerge Diagnostics, LLC
2Q2FWREHUWKH&RPSDQ\FRPSOHWHGWKHDFTXLVLWLRQRI&RQ9HUJH'LDJQRVWLF6HUYLFHV//&&RQ9HUJH
&RQ9HUJHLVDOHDGLQJIXOOVHUYLFHODERUDWRU\SURYLGLQJFOLQLFDOF\WRORJ\DQGDQDWRPLFSDWKRORJ\WHVWLQJVHUYLFHVWRSDWLHQWV
SK\VLFLDQVDQGKRVSLWDOVLQ1HZ(QJODQG7KHDVVHWVDFTXLUHGDWWKHDFTXLVLWLRQGDWHSULPDULO\UHSUHVHQWJRRGZLOODQG
LQWDQJLEOHDVVHWVSULQFLSDOO\FRPSULVHGRIFXVWRPHUUHODWHGLQWDQJLEOHVVHH1RWH
2012 Acquisition
Acquisition of S.E.D. Medical Laboratories
2Q-DQXDU\WKH&RPSDQ\FRPSOHWHGWKHDFTXLVLWLRQRI6('0HGLFDO/DERUDWRULHV6('IURP/RYHODFH
+HDOWK6\VWHPIRUDSSUR[LPDWHO\PLOOLRQ7KHDVVHWVDFTXLUHGDWWKHDFTXLVLWLRQGDWHSULPDULO\UHSUHVHQWJRRGZLOODQG
LQWDQJLEOHDVVHWVSULQFLSDOO\FRPSULVHGRIFXVWRPHUUHODWHGLQWDQJLEOHVVHH1RWH
Total Consideration, Assets Acquired and Liabilities Assumed
7KHDFTXLVLWLRQVGHVFULEHGDERYHZHUHDFFRXQWHGIRUXQGHUWKHDFTXLVLWLRQPHWKRGRIDFFRXQWLQJ$VVXFKWKHDVVHWV
DFTXLUHGDQGOLDELOLWLHVDVVXPHGDUHUHFRUGHGEDVHGRQWKHLUHVWLPDWHGIDLUYDOXHVDVRIWKHFORVLQJGDWH7KHSXUFKDVHSULFH
DOORFDWLRQVUHODWHGWRWKH6ROVWDVDQG6XPPLW+HDOWKDFTXLVLWLRQVDUHEDVHGXSRQWKH&RPSDQ\VSUHOLPLQDU\HVWLPDWHVDQG
DVVXPSWLRQVWKDWDUHVXEMHFWWRFKDQJHZLWKLQWKHPHDVXUHPHQWSHULRG0DQDJHPHQWLVFXUUHQWO\LQWKHSURFHVVRIYHULI\LQJ
GDWDDQGILQDOL]LQJLQIRUPDWLRQUHODWHGWRFHUWDLQOLDELOLWLHVDQGWKHFRUUHVSRQGLQJHIIHFWRQWKHDPRXQWRIJRRGZLOO$OORIWKH
JRRGZLOODFTXLUHGLQFRQQHFWLRQZLWKWKH6ROVWDV6XPPLW+HDOWK6WHZDUG80DVV$71'LJQLW\&RQ9HUJHDQG6('
DFTXLVLWLRQVKDVEHHQDOORFDWHGWRWKH&RPSDQ\V',6EXVLQHVV
7KHIROORZLQJWDEOHVVXPPDUL]HWKHWRWDOFRQVLGHUDWLRQDQGWKHSUHOLPLQDU\DPRXQWVRIDVVHWVDFTXLUHGDQGOLDELOLWLHV
DVVXPHGIRU6ROVWDVDQG6XPPLW+HDOWKGHVFULEHGDERYH
Solstas
Summit
Health
&DVK
(VWLPDWHGIDLUYDOXHRIFRQWLQJHQWFRQVLGHUDWLRQ ²
7UDQVDFWLRQUHODWHGFRVWVGXHWRVHOOHUV ²
7RWDOFRQVLGHUDWLRQ
48(67',$*1267,&6)250
.