Boston Scientific has been exploring a potential acquisition of Shockwave Medical, the California-based healthcare company known for its intravascular lithotripsy (IVL) technology, but those talks may have reached a standstill. According to a new report from StreetInsider, a source close to the situation has revealed that Boston Scientific and Shockwave Medical are unable to agree on a price. Traders certainly took the source’s insights seriously: Shockwave Medical’s stock price fell more than 6% as a result of the report, and Boston Scientific’s stock price jumped nearly 3%.
Read the full article: Boston Scientific’s Deal to Acquire Shockwave Medical Reportedly Hits a Snag //
Source: https://cardiovascularbusiness.com/topics/healthcare-management/mergers-and-acquisitions/boston-scientifics-deal-acquire-shockwave-medical-reportedly-hits-snag