In Brief: St. Jude/Daig merger
This article was originally published in The Gray Sheet
Executive Summary
St. Jude/Daig merger: St. Jude completes its stock-swap acquisition of electrophysiology catheter manufacturer Daig Corporation, for which an agreement was announced in late January ("The Gray Sheet" Feb. 5, p. 5). The transaction calls for Daig shareholders to exchange their Daig shares for 10 mil. newly issued shares of St. Jude stock. Daig shareholders approved the pact during a special meeting May 30...