It appears that the saga of who will buy troubled cardiac rhythm management (CRM) firm Guidant (Indianapolis) is finally over, with Johnson & Johnson (J&J; New Brunswick, New Jersey) letting a deadline to best rival suitor Boston Scientific's (Natick, Massachusetts) most recent offer of $80 a share, or about $27.2 billion, expire at midnight on Jan. 25.
Boston Sci’s $27.2B offer wins out in Guidant sweepstakes
January 2, 2015