Medtronic completes CryoCath buyout

AuntMinnie.com staff writers
Nov 12, 2008

Interventional technology firm Medtronic of Minneapolis has completed its purchase of CryoCath Technologies, the company said.

The deal is valued at $325 million. CryoCath deposited more than 41.1 million shares, or 96.3% of its total, before Medtronic's offer expired on Monday, Medtronic said.

Related Reading

Road to RSNA, MRI, Medtronic, October 31, 2008

BrainLab wins settlement from Medtronic, October 3, 2008

Medtronic to acquire CryoCath, September 25, 2008

Medtronic wins Japanese clearance for cardiac monitor, July 15, 2008

Medtronic shuffles management team, April 30, 2008

Copyright © 2008 AuntMinnie.com

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