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  • American City Business Journalslast month

    Medtronic to snap up heart-pump maker in $1.1B deal

    Medtronic has reached a deal to buy heart-failure device maker HeartWare International Inc. in a deal worth about $1.1 billion, the company announced Monday. Framingham, Mass.-based HeartWare (HTWR) makes a mechanical pump called HVAD that's implanted in people with advanced heart failure caused by one ventricle of the heart not working properly. Medtronic will pay $58 per share for HeartWare.That purchase price marks a 93 percent premium over HeartWare's closing stock price Friday.

  • 24/7 Wall St.last month

    Medtronic Moves to Acquire Heartware

    Heartware International (NASDAQ: HTWR) is watching its shares absolutely skyrocket in Monday’s session despite the huge market downturn from the Brexit. This surge is the result of Medtronic PLC (NYSE: ...