Cytyc to vote on purchase offer

Cytyc Corp. said today that it will hold a shareholder meeting on Oct. 18 to vote on its proposed acquisition by Hologic Inc.

The meeting will take place at the Hilton Boston Logan Airport at 9:00 a.m. EDT.

Cytyc shareholders would receive 0.52 of a share of Hologic stock and $16.50 in cash for each share of Cytyc stock they own. The combination would create one of the largest companies in the world that focuses exclusively on technology in women's health.

Cytyc shares rose 16 cents to $44.13 in morning trading as Hologic rose 6 cents to $54.28. (AP)