RadNet Buys Imaging Firm

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RadNet Inc. said Tuesday that it has acquired Liberty Pacific Imaging Center for $2.8 million.


The Los Angeles-based diagnostic imaging services provider said the purchase of the Encino business will allow RadNet to consolidate its Encino/Tarzana MRI workload with Liberty Pacific’s facilities.


RadNet added that it will expand Liberty Pacific’s facility, which will create increased capacity for its business in this market.


Shares in RadNet were up 1 percent, or 85 cents, to $8.53 in afternoon trading Tuesday on the Nasdaq.

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