UPDATE 1-Patterson seeks sale of rehabilitation supply unit-sources

April 17, 2015 7:44 PM

2 0

April 17 (Reuters) - Medical device supplier Patterson Companies Inc is looking to sell its rehabilitation supply business in a deal that could fetch between $500 million and $600 million, people familiar with the matter said on Friday.

Saint Paul, Minnesota-based Patterson has hired investment bank Bank of America Corp to assist with the potential sale, the people said, asking not be named because the matter is private.

Also read: Netflix subscriptions boom around world, shares jump 20 percent

Read more

To category page