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0 0 0 0 0.0648085209974043 0.0648085209974043 0.0499492571948871 0.057220811821651
Stock impact report

Boston Scientific buys remaining Millipede shares [Seeking Alpha]

Boston Scientific Corporation (BSX) 
Last boston scientific corporation earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.bostonscientific.com
Company Research Source: Seeking Alpha
Boston Scientific (NYSE: BSX ) has exercised its option to buy the remaining shares of Millipede after its successful first-in-human clinical study. Under the original purchase agreement in January, Boston Scientific paid $90M with the option to acquire the remaining shares at $325M at closing with a $125M payment becoming available by meeting a commercial milestone. BSX expects the deal to close in 1Q19. The deal is expected to cut adjusted EPS for several years but the dilutive impact will be absorbed by internal trade-offs. Boston Scientific shares are   to $33.10. See all stocks on the move » Now read: NovoCure: Interesting Cure For The Portfolio » Subscribe for full text news in your inbox Show less Read more
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