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November 1, 2005
October Neurotech Public Market Summary
Posted by Zack Lynch
From Neurotech Insights:
Neurotech Stocks up on acquisitions; three IPOS pending
Three companies in NeuroInsights Neurotech Index (ANSI, MTIX, and BLSI) announced acquisition deals this month with an average valuation of 39% above their trading price. Investors in neurodiagnostic company Bio-logic Systems (BLSI) received the largest return for the month, after Natus Medical (BABY) announced a $66 million acquisition offer, representing a 49% premium above the market value. Advanced Neuromodulation (ANSI), a rumored target for J&J, announced that it will be acquired by St. Jude Medical (STJ) for $1.3 billion, a 30% premum over the stock price which had recently taken a small dip … More market news in this month's From Neurotech Insights
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Tracked on March 18, 2006 7:59 AM