Note 19. Subsequent Events

12 Months Ended

May 31, 2011

Subsequent Events [Text Block]

19. SUBSEQUENT EVENTS

On July 2, 2011 the Company entered into a definitive agreement to be acquired by investment funds managed by TPG Capital. Under the terms of the agreement, Immucor shareholders will receive $27.00 in cash for each share of Immucor common stock they own.  The transaction is expected to close in the second half of calendar 2011.  The agreement was unanimously approved by the Immucor Board of Directors.