Medtronic/MiniMed Exchange Offer Oversubscribed: Preliminary Proration Just 18.3%
Medtronic ($MDT) has received tenders for more than five times the number of shares it plans to accept in its MiniMed ($MMED) exchange offer. In preliminary results released October 12, the company estimated that approximately 18.3% of shares subject to proration will be exchanged. Qualifying holders of fewer than 100 MDT shares who tendered their entire holdings are… Read More »