(Reuters) - Medtronic will pay $71 cash for each share of medical
device maker Kyphon, a 32 percent premium over Kyphon's closing
price on Thursday.
The companies said the purchase price was $3.9 billion.
Based on Kyphon's average 47.8 million shares outstanding in
the second quarter, the price would be $3.4 billion.
Read more at Reuters.com Bonds News
device maker Kyphon, a 32 percent premium over Kyphon's closing
price on Thursday.
The companies said the purchase price was $3.9 billion.
Based on Kyphon's average 47.8 million shares outstanding in
the second quarter, the price would be $3.4 billion.
Read more at Reuters.com Bonds News
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