Financings in Brief: EndoSonics/CardioVascular Dynamics
This article was originally published in The Gray Sheet
Executive Summary
EndoSonics/CardioVascular Dynamics: EndoSonics, owner of 33% of former subsidiary CVD, plans to distribute to EndoSonics shareholders Sept. 26 one share of CVD for every 25 shares of EndoSonics held as of Sept. 5. Rancho Cordova, California-based EndoSonics will distribute about 770,000 shares of CVD all together -- which will reduce its stake to about 25%, or 2.2 mil. shares...