When is the company CLZR going to be sold to the other one, which I believe starts with an " S " ???

RGS answered one month ago …

Candela Corp. to be acquired by Syneron Medical Ltd at an exchange ratio of 0.29110 Syneron share for each CLZR. But the tender offer is now in very preliminary stage. Though both the company announced their intention to complete the merger by the end of 2009. But still no commencement or close date of the offer exactly available. The consideration represents a premium of approximately 51% to the closing stock price of Candela common stock on September 8, 2009. This represents $2.84 per share of consideration to be received by Candela shareholders, or a total consideration of approximately $65 million. Thanks