This could be big! Report: Stryker puts in takeover bid for Boston Scientific: MassDevice and WSJ

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Report: Stryker puts in takeover bid for Boston Scientific

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Stryker (NYSE:SYK) has put in a bid as it looks to acquire rival Boston Scientific (NYSE:BSX), according to a new report from the Wall Street Journal.

Boston Scientific has not actively responded to the approach, according to the report, which came from sources “familiar with the matter,” according to the WSJ.

“As a matter of company policy, we do not comment on potential M&A,” a Stryker representative said, according to a Reuters report.

The deal would create a combined medical device company worth more than $110 billion…

See full article here at MassDevice

 

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