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Eden Prairie-based med-tech company Surmodics going private in $627M deal - Vimarsana News

Eden Prairie-based med-tech company Surmodics going private in $627M deal

Eden Prairie-based Surmodics' stock soared Wednesday following news of its impending sale that will take the medical device company private. Private equity firm GTCR, based in Chicago, will pay $627 million or $43 per share for Surmodics when the transaction closes in the second half of the year, pending shareholder and regulatory approval. Health care and technology make up a main sector of ...

Source: yahoo.com
Analysts expect Medtronic to deliver frank financial answers this week - Vimarsana News

Analysts expect Medtronic to deliver frank financial answers this week

The company is investing more than $350 million, adding jobs in India during global belt-tightening.