Strategic Initiative

Slingshot members are tracking this corporate initiative:

Abbott to Acquire St Jude Medical for $25B

Do you think this event is important to the companies below? How will it affect their stock price?

Related Companies
Importance
High Medium Low
Impact on Stocks
STJ

100%
ABT

100%

Additional Information

Additional Relevant Details Under the agreement, St. Jude Medical shareholders will receive $46.75 in cash and 0.8708 shares of Abbott common stock, representing total consideration of approximately $85 per share. At an Abbott stock price of $43.93, this represents a total transaction equity value of $25 billion. The combined company will have an industry-leading pipeline expected to deliver a steady stream of new medical device products across cardiovascular, diabetes, vision and neuromodulation patient care.
http://abbott.mediar...
Slingshot Insights Explained
Strategic Initiative Date
Announcement Date:
Apr 28, 2016
Projected Implementation:
Q2, 2016
Relevance Tracked Until:
Q4, 2016
Related Projects Image
  • Don’t see a project related to the strategic initiative you care about?

Related Keywords Atrial Fibrillation, Heart Failure, Neuromodulation, Diabetes, Cardiac Rhythm