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Philips GmbH Market DACH Röntgenstr. 22 22335 Hamburg, Germany http://www.philips.de
Contact Ms Veronika Hucke 040/2899-2215
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Philips GmbH Market DACH

Philips closes acquisition of Lifeline Systems, Inc.

(PresseBox) (Amsterdam, The Netherlands, )
Royal Philips Electronics (NYSE: PHG, AEX: PHI) announced today that it has closed its acquisition of Lifeline Systems, Inc., a leading personal emergency response service company. Under the terms of the merger agreement announced on January 19, 2006, Lifeline shareholders received USD47.75 per share in cash, representing a
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.