April 24, 2017 / 9:15 PM / 4 months ago

BRIEF-LifeWatch says BioTelemetry issued prospectus to acquire LifeWatch

April 24 (Reuters) - Lifewatch Ag

* Shareholders of lifewatch will receive either chf 10 in cash and 0.1457 shares of biotelemetry stock or chf 8.00 in cash and 0.2185 shares of biotelemetry stock

* Board of directors of lifewatch supports public tender offer by biotelemetry and recommends that shareholders accept it

* Total deal value increased to a range of chf 269 million to chf 275 million

* Main offer consideration and alternative offer consideration now have values of chf 14.56 or chf 14.84, respectively Source text for Eikon: Further company coverage:

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