Medtronic/Physio-Control
This article was originally published in The Gray Sheet
Executive Summary
Federal Trade Commission is requesting additional information in connection with its review of the two companies' proposed merger. Medtronic, which announced June 29 a definitive stock-swap agreement to purchase Physio-Control for $538 mil. ("The Gray Sheet" July 6, p. 3), does not anticipate the Commission's request will delay a proposed fall completion date for the transaction, the company reports Aug. 13