Cooper Subsidiary Acquires MedaSonics

The Cooper Cos. Inc., a Lake Forest maker of specialty health-care products, said Wednesday that one of its units purchased MedaSonics Inc. in a cash-and-stock deal worth a total of $7.1 million.

Cooper said in a press release that the purchase by its CooperSurgical unit includes a line of hand-held and compact Doppler ultrasound systems used in obstetrics and gynecology, as well as in cardiology and other medical specialties.

Cooper paid 190,763 shares of its common stock valued at $6.6 million on the closing date and $500,000 in cash for MedaSonics. The Doppler line of products generated revenue of about $4 million last year.

Cooper stock closed unchanged Wednesday at $34.75 on the New York Stock Exchange.