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Medtronic buys Xomed for $736mm in stock
09 Mar 2011
Executive Summary
Medtronic is buying ear, nose and throat surgical company Xomed in an $736mm all-stock pooling of interests transaction. Xomed shareholders will get $60 in Medtronic common for each of their common shares, a (pr)26% premium to its 10-day trailing average.
Deal Industry
-
Medical Devices
- Surgical Equipment & Devices
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Stock
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Questions?
Please contact Sales at: (212) 520-2765 or email [email protected]
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Medtronic buys Xomed for $736mm in stock
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