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Volcano Doesn't Owe $27M On Artery Device, Judge Hears

By Beth Winegarner (March 19, 2014, 3:35 PM EDT) -- Volcano Corp. urged a California federal judge on Wednesday to end former CardioSpectra Inc. shareholders' claims that the medical device company purposely withheld $27 million after it bought CardioSpectra's artery-imaging technology, arguing their contract never promised Volcano would pay for product development milestones the merged company didn't meet....

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