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Yesterday I was working on a post on Lifeline Systems (LIFE). I was going to say that this is a cool little small-cap health care stock that’s worth watching. The company has posted impressive sales and earnings growth for the past few years. Periodically, I like to talk about socks that I like but aren’t on my Buy List.

Well, Philips Electronics (PHG) beat my posting skills. I find out this morning that they said they’re going to buy Lifeline for $750 million, which is a 21% premium. The stock is soaring today.

If I had gotten to post about Lifeline 24 hours earlier, I would look like a genius today, alas, I was too slow. In any event, here’s a profile of Lifeline Systems.

Posted by edelfenbein at January 19, 2006 11:55 AM