MMSI Stock Likely to Gain From Cook Medical's Product Portfolio Buyout
MMSIMerit Medical(MMSI) ZACKS·2024-09-19 23:56

Merit Medical Systems, Inc. (MMSI) , on Tuesday, signed a definitive asset purchase agreement to purchase Cook Medical's lead management portfolio for a total cash consideration of approximately $210 million. The acquisition is consistent with MMSI's Continued Growth Initiatives and should position the company to offer clinicians an increasingly comprehensive set of solutions to support cardiac intervention patients, ranging from diagnosis to post-procedure care. The closing of the proposed transaction is e ...