Tech Company M&A Transactions
Guidant Acquisition
Guidant was acquired by Boston Scientific. The transaction occurred on 12/5/2005. The parties disclosed the acquisition price to be $2.5 billion.
Transaction Overview
Company Name
Acquired By
Announced On
12/5/2005
Transaction Type
M&A
Amount
$2,500,000,000
M&A Terms
Boston Scientific Corporation (NYSE: BSX) announced today that it is proposing to acquire all the outstanding shares of Guidant Corporation (NYSE: GDT) for a combination of cash and stock worth $72 per Guidant share. Under the Boston Scientific proposal, each share of Guidant common stock will be exchanged for $36 in cash and a fixed number of shares of Boston Scientific common stock having a value of $36 on or about the date that a definitive merger agreement between Boston Scientific and Guidant is signed.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
111 Monument Circle 2900
Indianapolis, IN 46204
USA
Indianapolis, IN 46204
USA
Phone
Website
Email Address
Not Recorded
Overview
Guidant is a world leader in the design and development of cardiovascular medical products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
James Cornelius
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