Integer Holdings Corporation (ITGR) recently announced that it has entered into an agreement to divest its Electrochem business, which focuses on non-medical applications for the energy, military and environmental sectors, to Ultralife Corporation (ULBI). Ultralife is likely to acquire Electrochem for $50 million in cash, subject to customary working capital adjustments. The transaction is expected to close by the end of October. Likely Trend of ITGR Stock Following the News Following the announcement, shar ...