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February 21, 2017
Teleflex Completes Acquisition of Vascular Solutions
February 22, 2017—Teleflex Incorporated announced last week the completion of its acquisition of Vascular Solutions, Inc., a developer of clinical solutions for minimally invasive coronary and peripheral vascular procedures. In December 2016, the two companies announced a definitive agreement for Teleflex to acquire all of the issued and outstanding shares of Vascular Solutions common stock for $56 per share in cash.
According to Teleflex, the acquisition of Vascular Solutions will accelerate the growth of Teleflex’s vascular and interventional businesses with its entry into the coronary and peripheral vascular market, as well as increased cross-portfolio marketing.
As stated in the December announcement, the combined company will offer more than 150 cardiac, vascular, and interventional access products. In addition, Vascular Solutions brings a pipeline of new and next-generation products that will address complex interventions, radial artery catheterizations, and embolization procedures.
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