Lake Region Medical: Greatbatch closes $1.7B Lake Region Medical buy

Greatbatch (NYSE:GB) said it closed the $1.73 billion, cash-and-stock acquisition of OEM medical device maker Lake Region Medical Oct. 27. Frisco, Texas-based Greatbatch laid out $478 million in cash and some 5.1 million shares of stock (which closed Oct. 27 at $49.27 per share, making that portion of the offer worth another $251 million). Greatbatch said it also agreed to [...]The post Greatbatch closes $1.7B Lake Region Medical buy appeared first on MassDevice.