Scalper1 News
Medtronic’s $43 billion buyout of fellow medical-device giant Covidien got a mostly friendly reception on Wall Street Monday, as some analysts foresaw a further round of mega-mergers amid a changing industry landscape. Late Sunday, Medtronic (MDT) announced it had agreed to buy Covidien (COV) in a cash-and-stock deal that would give Covidien shareholders 30% ownership of the new company. The deal would relocate Medtronics’ corporate headquarters Scalper1 News
Scalper1 News