Cyberonics Rejects Second ANS Bid, Considers Offer Beneath Self-Appraisal
This article was originally published in The Gray Sheet
Executive Summary
Advanced Neuromodulation Systems likely would need to up the ante to sway Cyberonics shareholders to accept a takeover bid after CEO Skip Cummins' rejection of initial offers as too low
You may also be interested in...
Cyberonics Could Be Acquisition Target With Permanent CEO Slot Left Open
Cyberonics' recent ouster of CEO Robert "Skip" Cummins could make the neurostimulation device firm an acquisition candidate for other implantable pulse generator manufacturers such as Medtronic or St. Jude Medical - both of which have made unsuccessful merger offers in the past
Cyberonics Could Be Acquisition Target With Permanent CEO Slot Left Open
Cyberonics' recent ouster of CEO Robert "Skip" Cummins could make the neurostimulation device firm an acquisition candidate for other implantable pulse generator manufacturers such as Medtronic or St. Jude Medical - both of which have made unsuccessful merger offers in the past
Cyberonics Seeks Suitor To Transform Into Premier Neuromodulation Firm
Cyberonics' aim to become the global neuromodulation leader following FDA approval of its VNS Therapy for treatment-resistant depression could depend on its attractiveness as an acquisition target