Thu, Aug. 27, 7:11 AM
- Greatbatch (NYSE:GB) agrees to acquire privately owned Lake Region Medical for ~$1.73B in cash and stock.
- GB says the deal will create one of the largest medical device OEM suppliers in the world serving the cardiac, neuromodulation, vascular, orthopedic and advanced surgical markets.
- GB expects the transaction to be double-digit accretive to cash EPS in 2016 and meaningfully more accretive thereafter.
Aug. 12, 2014, 3:49 PM
GB vs. ETF Alternatives
Greatbatch Inc designs and manufactures critical components that help to advance medical device technology across various applications. The Company operates in two segments namely Greatbatch Medical and QiG Group.
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