Seeking Alpha

CryoLife makes nice profit from Medafor shares after Bard deal

  • CryoLife (CRY) is set to receive a $15.1M payment in connection with the more than 2.3M shares of Medafor it holds. Medafor was acquired by C.R. Bard.
  • In addition, CRY may receive as much as $8.4M more "upon the release of funds held in escrow." (PR)
  • CRY's carrying bases for the shares is ~$2.6M.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: