Biolife solutions to acquire scisafe

Biolife solutions to acquire scisafe, a high-growth biostorage service provider to the cell and gene therapy industry.biolife solutions - will pay $15 million in cash and $15 million in newly issued shares of biolife common stock for 100% of outstanding shares of scisafe.biolife solutions - scisafe's shareholders are also eligible over next four years to receive up to 626,000 additional shares of biolife common stock.biolife solutions inc - acquisition of scisafe expected to be accretive to adjusted net income beginning in 2021.
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