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Insulet signs agreement to purchase property in Massachusetts

Insulet Corp. is acquiring a 25-acre property in Massachusetts for $9.3 million.

The medical device company entered an agreement with 100 Nagog Park LP to purchase the land, which includes a three-story facility with approximately 195,000 square feet of space.

The agreement is subject to a due diligence review and is expected to close by Feb. 15, 2017.