April 6, 2010 (FinancialWire) — National Dentex Corp. (NASDAQ: NADX), an owner and operator of dental laboratories in North America, said that it has entered into a definitive agreement and plan of merger to be acquired by GDC Holdings, Inc., which is a holding company of GeoDigm Corp., a manufacturing and laboratory company and a portfolio company of Welsh, Carson, Anderson & Stowe XI, L.P.

Under the terms of the merger agreement, National Dentex’s shareholders will receive $17 in cash for each share of National Dentex common stock they hold, representing a premium of around 70% over National Dentex’s most recent closing share price of $10.02 on April 1, 2010.

The board of directors of National Dentex has unanimously approved and adopted the merger agreement and resolved to recommend that National Dentex’s shareholders approve the merger agreement.

Massachusetts-based National Dentex serves a customer base of more than 24,000 dentists through 44 dental laboratories located in 30 states and one Canadian province. National Dentex’s dental laboratories provide a range of custom-made dental prosthetic appliances, including dentures, crowns, and fixed bridges, and other dental specialties.

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