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Edwards calls off JenaValve buyout after court halts deal [Yahoo! Finance]
Last edwards lifesciences corporation earnings: 4/23 04:15 pm
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US:NYSE Investor Relations: ir.edwards.com
Edwards Lifesciences said Friday it has dropped plans to acquire JenaValve Technology after a U.S. district court granted the Federal Trade Commission's motion for an injunction blocking the transaction. Edwards said it disagrees with the ruling, in the U.S. District Court for the District of Columbia, and believes the acquisition would have been in the best interest of a large underserved group of patients. As a result of the decision, Edwards revised its full-year 2026 adjusted per-share earnings forecast to a range of $2.90 to $3.05, up from earlier guidance of $2.80 to $2.95. In August, the FTC challenged Edwards' planned $945 million purchase of JenaValve, citing concerns that the acquisition would limit patient access to devices to treat aortic regurgitation, a potentially fatal heart condition. The move came roughly a year after Edwards announced the deal The FTC argued that Edwards' purchase of JenaValve would combine the only two companies conducting U.S. clinical tr
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- Edwards Lifesciences (EW) Valuation Check As Recent Share Momentum Meets Premium P/E Pricing [Yahoo! Finance][Yahoo! Finance]
- Edwards Lifesciences (NYSE:EW) had its "neutral" rating reaffirmed by analysts at UBS Group AG.[MarketBeat]
- Edwards Lifesciences (NYSE:EW) was given a new $90.00 price target on by analysts at Robert W. Baird.[MarketBeat]
- Edwards Lifesciences (NYSE:EW) had its "overweight" rating reaffirmed by analysts at Barclays PLC.[MarketBeat]
- Edwards Comments on JenaValve Acquisition [Yahoo! Finance][Yahoo! Finance]
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