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Intuitive Surgical/Computer Motion

This article was originally published in The Gray Sheet

Executive Summary

Planned merger is completed June 30, with stockholders having the option to convert each outstanding share of Computer Motion's stock to 0.514 shares of Intuitive's stock. To be called Intuitive Surgical, the merged entity will continue to trade on Nasdaq under the symbol ISRG. The merger was initiated to resolve litigation (1"The Gray Sheet" March 10, 2003, p. 23)...

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