E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/12/2008 in the Prospect News Special Situations Daily.

Getinge once again extends tender offer for Datascope

By Lisa Kerner

Charlotte, N.C., Nov. 12 - Getinge AB extended its $53-per-share cash tender offer for Datascope Corp. to midnight ET on Dec. 10 from midnight ET on Nov. 11.

As of Nov. 10, approximately 10,753,417 shares, or about 68%, of Datascope common stock had been validly tendered and not withdrawn in the offer, a Getinge news release said.

Getinge had extended the offer to Nov. 11 from Nov. 4 and to Nov. 4 from Oct. 28.

It was previously reported that as of Nov. 4, approximately 13,338,318 shares, or about 84%, of Datascope common stock had been validly tendered and not withdrawn in the offer.

In September, Datascope, a Montvale, N.J., medical device company, agreed to be acquired by Getinge for $865 million.

Getinge is a medical device company based in Getinge, Sweden.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.