E.C. Clears Way For Boston Scientific, Guidant Deal

Law360, New York (April 11, 2006, 12:00 AM EDT) -- Medical device maker Boston Scientific Corp. received Tuesday highly-anticipated antitrust clearance from the European Commission over its proposed acquisition of rival Guidant Corp.

The clearance provided the latest sign that the proposed deal will go through and was a clear sign of faith from the E.C.’s competition commissioner that Boston Scientific’s commitments to the regulator were adequate.

The approval came on the heels of a similar green light from the U.S. Federal Trade Commission, which signed a promising consent agreement with Boston Scientific earlier this month....
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