Gibson Dunn Reps St. Jude In $1.3B AGA Medical Deal

Law360, New York (October 18, 2010, 1:01 PM EDT) -- Medical device maker St. Jude Medical Inc. announced Monday that it had agreed to purchase AGA Medical Holdings Inc., a manufacturer of devices to treat heart defects, in a cash-and-stock transaction valued at $1.3 billion.

The total transaction price includes St. Jude's assumption of approximately $225 million in AGA Medical's debt, according to the announcement.

AGA Medical stockholders will receive $20.80 for each share, with the offer divided evenly between cash and stock, St. Jude said. The boards of directors of both companies approved the deal,...
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