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

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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