Endo Pharmaceuticals/American Medical Systems
On April 11, 2011, Endo Pharmaceuticals (Nasdaq: ENDP) and American Medical Systems (AMS) (Nasdaq: AMMD) have entered into a definitive agreement whereby Endo will acquire American Medical for $30 per share, or $2.9 billion in cash, which includes the assumption and repayment of $312 million of American Medical debt.
Under the terms of the merger agreement, which has been unanimously approved by the Boards of Directors of both companies, Endo will acquire 100 percent of the shares of American Medical for $30 per share. Endo has fully committed financing in place to complete the transaction.
Closing is expected in Q311.
Morgan Stanley and BofA Merrill Lynch have provided fully committed financing to Endo to close this transaction.
Under the terms of the merger agreement, which has been unanimously approved by the Boards of Directors of both companies, Endo will acquire 100 percent of the shares of American Medical for $30 per share. Endo has fully committed financing in place to complete the transaction.
Closing is expected in Q311.
Morgan Stanley and BofA Merrill Lynch have provided fully committed financing to Endo to close this transaction.
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Endo Reports First Quarter Financial Results
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Medical Device Industry Veteran Doug Kohrs Joins OmniGuide Board of Directors
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S&P Announces Changes to SmallCap 600 Index: OYOG for LAB, NUVA for AMMD
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Collins Stewart Raises Price Target on Endo Pharmaceuticals (ENDP) Following Acquisition Talk of American Medical Systems (AMMD)
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Unusual 11 Mid-Day Movers 04/11: (TSTY) (GLBC) (AMMD) Higher; (ADES) (CYH) (QUIK) Lower
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Morning Movers 04/11: (TSTY) (GLBC) (AMMD) (LVLT) Higher; (ADES) (CYH) (QUIK) Lower
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Notable Mergers and Acquisitions of the Day 04/11: (ENDP)/(AMMD) (LVLT)/(GLBC) (FLO)/(TSTY)
