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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 5.660-1.0%Jan 2 9:30 AM EST

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To: richardred who started this subject9/29/2003 9:59:46 AM
From: richardred   of 7254
 
Abbott Labs (ABT: news, chart, profile)agreed to buy privately held medical device maker Integrated Vascular Systems Inc. for $65 million in cash. Abbott said the deal would result in a one-time charge, but didn't give a specific figure. The medical products company said the acquisition of Integrated Vascular would bring a valuable portfolio of devices used in vessel closure.
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