Covidien to Acquire Given Imaging for $30/Share in Cash; Given Shares +24% Pre-Market
December 09, 2013 at 06:44 AM EST
Covidien plc (NYSE: COV ) and Given Imaging Ltd. (NASDAQ: GIVN ) announced Sunday a definitive agreement under which Covidien will acquire all of the outstanding shares of Given Imaging for $30.00 per share in cash, for a total of approximately $860 million, net of cash and investments