Covidien (NYSE: COV) will pay a premium of approximately $860 million in cash to acquire Given Imaging Ltd. (Nasdaq: GIVN). Shares of Covidien added 15 cents to $68.22 while Given Imaging stock leaped $6.15 to $29.80.
Covidien To Buy Given Imaging
December 09, 2013 at 04:21 AM EST