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Medtronic details acquisition plan

This article was originally published in The Gray Sheet

Executive Summary

On track to achieve its goal of 15% annualized growth over the next five years without major acquisitions, Medtronic will be "disciplined" with future purchases, CEO Art Collins said June 13 during the Goldman Sachs Annual Global Healthcare Conference in Dana Point, Calif. After a series of large acquisitions going back nearly 10 years, the firm aims to resist "deal-fever" when "testosterone starts to flow in the board rooms," Collins explained...
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