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Medtronic acquires Arterial Vascular Engineering for $3.5bn
13 Jul 1999
Executive Summary
Medtronic will acquire Arterial Vascular Engineering in a $3.5bn stock swap, exchanging $70.38 in Medtronic stock for each AVE share, based on the average closing prices over a 15-day trading period ending on January 26, 1999.
Deal Industry
- Medical Devices
-
Medical Devices
- Implantable Devices
- Surgical Equipment & Devices
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Stock
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