This article was originally published in The Gray Sheet
Nitinol Medical Technologies signs pact to acquire Elekta AB's Elekta Neurosurgical Instruments division for $33 mil. in cash and subordinated debt. ENI had approximately $39 mil. in sales for the year ended April 30. The division's products include cerebral spinal fluid shunts, the Selector ultrasonic aspirator, Ruggles surgical instruments and endoscopes and instruments for minimally invasive neurosurgery
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