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St Jude Medical wins appeal in Electromedics case:

This article was originally published in Clinica

Executive Summary

The Minnesota Court of Appeals has upheld St Jude Medical's appeal against a December 1994 court decision in Medtronic's favour in relation to its acquisition of Electromedics (see Clinica No 635, p 13). St Jude had sought a $3 million "break up" fee from Electromedics following termination of its merger agreement with St Jude when it accepted a higher bid from Medtronic.

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