Safeguard Scientifics Rceives $144 Million in Net Proceeds from Tender Offer for Clarient by GE Healthcare

Safeguard Scientifics, Inc. SFE today announced that its net proceeds from the successful completion of GE Healthcare's public tender offer for all outstanding shares of partner company Clarient, Inc. CLRT will be approximately $144 million. The taxable gain on the transaction will be offset by tax loss carry forwards. The net proceeds represent a 3x cash-on-cash return on Safeguard's remaining cost basis in its holdings in Clarient. P