In Brief: Mallinckrodt/NPB
This article was originally published in The Gray Sheet
Executive Summary
Mallinckrodt/NPB: Mallinckrodt completes $28.50-per-share cash tender offer for Nellcor Puritan Bennett with more than 90% of outstanding NPB shares tendered as of Aug. 25. The remaining shares will be converted into the right to receive $28.50 per share in cash to complete the acquisition, Mallinckrodt notes in an Aug. 26 release. Plans for the $1.9 bil. acquisition were announced in July ("The Gray Sheet" July 28, p. 3)...
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