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J&J acquires Conor for $1.26bn
05 Dec 2006
Executive Summary
J&J will acquire Conor Medsystems (cardiovascular drug delivery devices) for $1.26bn in cash. Conor shareholders will get $33.50 (a 28% premium) for each share they own.
Deal Industry
- Biotechnology
- Medical Devices
-
Pharmaceuticals
-
Drug Delivery
- Controlled Release
- Site Specific
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Drug Delivery
-
Medical Devices
- Implantable Devices
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Cash
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