Medtronic’s Previously Announced MiniMed Share Exchange Offer Oversubscribed As Company Moves To Exchange Remaining 252,813,348 Shares; 4.5939 Shares Of MiniMed Common Stock Will Be Exchanged For Each Medtronic Ordinary Share Accepted In The Exchange Offer
Medtronic plc ((Medtronic, NYSE:MDT) today announced that, based on preliminary results, its previously announced offer to exchange shares of common stock of MiniMed Group, Inc. ((MiniMed, NASDAQ:MMED) for outstanding
Medtronic is trading its own shares for MiniMed shares. More people wanted in than expected, so they're continuing the swap.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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