Argon to acquire Angiotech interventional unit for $362M

March 2013
Medical Device Daily;3/26/2013, Vol. 17 Issue 58, p1
The article offers information on the acquisition of British Columbia-based Angiotech Pharmaceuticals Inc. by Texas-based Argon Medical Devices Inc. It states that Angiotech has expected to utilize the proceeds received from the transaction to repay all of its remaining outstanding debt obligations. It also mentions that Angiotech has also expected to make a cash distribution to shareholders in an amount after the close of the transaction.


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