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St. Jude acquires Daig for $427 million

Executive Summary

St. Jude Medical will issue 10 million shares, worth about $427 million the day of the deal's announcement, to acquire Daig Corp., a Minnesota-based manufacturer of cardiac catheters for the diagnosis and treatment of cardiovascular disease.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Surgical Equipment & Devices
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition

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