Greatbatch (GB) Price Target Raised to $71 at KeyBanc

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Go back to Greatbatch (GB) Price Target Raised to $71 at KeyBanc

Greatbatch Signs Definitive Agreement to Acquire Lake Region Medical for $1.73 Billion

August 27, 2015 6:29 AM EDT

Transformative Deal will create one of the World's Largest Medical Device OEM Suppliers and will be led by current Greatbatch President and CEO, Thomas J. Hook Newly Combined Company to offer substantially more Comprehensive Portfolio for Customers Double-Digit Cash EPS Accretion to Greatbatch in 2016 and meaningfully more accretive thereafter

FRISCO, Texas, Aug. 27, 2015 (GLOBE NEWSWIRE) -- Greatbatch, Inc. (NYSE: GB) today announced that it has entered into a definitive agreement to acquire Lake Region Medical for approximately $1.73 billion in cash and stock, a... More