Lake Street Capital Markets Downgrades Cardiovascular Systems (CSII) to Sell

Go back to Lake Street Capital Markets Downgrades Cardiovascular Systems (CSII) to Sell

Abbott (ABT) acquires Cardiovascular Systems (CSII) in 'brilliant move'

February 9, 2023 11:12 AM EST

(Updated - February 9, 2023 11:27 AM EST)

UPDATE: Updated to include analyst comments.

Abbott (NYSE: ABT) announced today that the medical device company has entered into a definitive agreement to acquire Cardiovascular Systems, Inc. (NASDAQ: CSII). Under terms of the agreement, CSII stockholders will receive $20 per common share at a total expected equity value of approximately $890... More