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Medtronic buys CryoCath for $361mm
Sep 2008
Executive Summary
Medtronic has agreed to acquire CryoCath Technologies (using cryotherapy devices to treat cardiac arrhythmias) for a total of about $361mm ($Cdn374mm) or $8.46 per share (a 93% premium).
Deal Industry
-
Medical Devices
- Implantable Devices
-
Surgical Equipment & Devices
- Minimally or Less Invasive
Deal Status
- Final
Deal Type
-
Acquisition
- Payment Includes Cash
- Full Acquisition
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Medtronic buys CryoCath for $361mm
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