In Brief: Cryolife buying Ideas
This article was originally published in The Gray Sheet
Executive Summary
Cryolife buying Ideas: Human tissue and cell preservation firm Cryolife signs letter of intent to acquire Clearwater, Florida-based Ideas for Medicine for $10.5 mil. in cash and securities. Privately held Ideas for Medicine manufactures single-use cardiovascular products including specialty intravenous shunts, balloon catheters, infusion ports and laparoscopic instruments. The firm has annual revenues "in excess of $6.5 mil.," Cryolife says...