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J&J buys Micrus Endovascular for $480mm
20 Aug 2010
Executive Summary
Johnson & Johnson has agreed to acquire Micrus Endovascular Corp. (devices for cerebral vascular diseases) for $480mm in cash. Investors will receive $23.40 per Micrus share (an 11% premium).
Deal Industry
- Medical Devices
-
Medical Devices
- Implantable Devices
-
Surgical Equipment & Devices
- Minimally or Less Invasive
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Cash
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