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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Cardiovascular Systems Inc | NASDAQ:CSII | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 20.00 | 19.99 | 20.00 | 0 | 01:00:00 |
From Jul 2022 to Jul 2024
By Colin Kellaher
Shares of Cardiovascular Systems Inc. surged nearly 50% in premarket trading Thursday after the medical-device maker agreed to be acquired by Abbott Laboratories for about $890 million.
Abbott late Wednesday said it would pay $20 a share for Cardiovascular Systems, a 50% premium to Wednesday's closing price of $13.31 for the St. Paul, Minn., company.
Abbott, an Abbott Park, Ill., maker of healthcare products, said the addition of Cardiovascular Systems' atherectomy system will bolster its ability to provide better care for patients with peripheral- and coronary-artery disease.
Cardiovascular Systems shares were recently up 47% to $19.58 in premarket trading.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 09, 2023 06:09 ET (11:09 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Cardiovascular Systems Chart |
1 Month Cardiovascular Systems Chart |
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