Abbott Completes Acquisition of Tendyne Holdings, Inc.

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Abbott (ABT) Complete Tendyne Acquisition

September 2, 2015 9:11 AM EDT

Abbott (NYSE: ABT) announced that it has completed its acquisition of Tendyne Holdings, Inc., a private medical device company focused on developing minimally invasive mitral valve replacement therapies. Abbott acquired the equity of Tendyne that it did not already own for $225 million upfront, resulting in a total... More