Medtronic Sweetens Avecor Acquisition Price To End Third-Party Talks
This article was originally published in The Gray Sheet
Executive Summary
Avecor shareholders would receive $13 per share in Medtronic stock under an amended acquisition agreement with Medtronic that increases the price by about 17% from the $11.125 per share originally agreed to in a July agreement. The total value of the revised deal, announced Dec. 6, is about $105 mil.