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Bovie Medical Corporation completed the divestiture and sale of its Core business segment and the Bovie brand to Symmetry Surgical for $97 million in cash.
RoundTable Healthcare Partners' portfolio company Symmetry Surgical has entered into a definitive agreement to acquire the electrosurgical business and related intellectual property from Bovie Medical Corporation for a total enterprise value of $97 million. The transaction is expected to close in the third quarter of 2018.