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NEOG > SEC Filings for NEOG > Form 8-K on 7-Jan-2014All Recent SEC Filings

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Form 8-K for NEOGEN CORP


7-Jan-2014

Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits


Item 2.01 Completion of Acquisition of Disposition of Assets

On January 2, 2014 Neogen Corporation ("Company") issued a press release announcing that it had acquired the stock of Chem-Tech Ltd., a manufacturer of insecticides for the animal and food industries, based in Pleasantville, Iowa. There was no prior relationship between Chem-Tech and Neogen.

Consideration for the purchase, which was determined through arms-length negotiations, was approximately $17.2 million, with a potential contingent payment based on future revenues of the Chem-Tech products acquired. The source of the consideration was Neogen Corporation cash balances.

The business will continue to manufacture and distribute products in Iowa, and will be integrated into the Company's Animal Safety segment. A copy of the press release is attached as Exhibit 99.1 to this report. This Form 8-K and the attached exhibit shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and are not incorporated by reference into any filing of the Registrant, whether made before or after the date of this report, regardless of any general incorporation language in the filing.



Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 Press Release dated January 2, 2014


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