Ballard buys 90% of Cardiotronics:
This article was originally published in Clinica
Executive Summary
US company Ballard has acquired 90% of Cardiotronics Systems' outstanding shares in a private stock purchase. Ballard, which produces critical and alternate care disposables, bought the stock from venture capitalists and paid off about $2.7 million owed by Cardiotronics to the venture capitalists.