Local News

Becton Dickson, TriPath Receive Merger OK

Posted November 1, 2006 5:04 a.m. EST

— The Federal Trade Commission has approved the acquisition of

TriPath Imaging


Becton, Dickinson

, TriPath said Monday.

Becton, Dickinson, which has some 400 employees in Research Triangle Park, is paying some $350 million for TriPath (Nasdaq: TPTH). Becton Dickinson owned more than 6 percent of TriPath stock before the companies agreed to the acquisition in September.

TriPath has scheduled a shareholder meeting on Dec. 16 to vote on the deal.