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Mallinckrodt Medical

This article was originally published in The Gray Sheet

Executive Summary

Completes acquisition of Sorin Biomedical's tracheostomy products business effective Feb. 11. The business, which had calendar 1992 revenues of $43 mil., manufactures and markets a range of tracheostomy tubes and related accessories sold under the brand name Shiley. The previously announced purchase price was $85 mil. ("The Gray Sheet" Nov. 23, I&W-10). Adjustments have been made to the price but have not been disclosed.
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