Surmodics To Be Acquired For $43 A Share

Surmodics Inc. (SRDX) has agreed to be acquired by GTCR, a private equity firm, for $43.00 per share in cash, equating to a total equity value of roughly $627 million.

The company has developed Drug-coated balloons or DCB devices for use in vascular interventions for the treatment of peripheral artery disease.

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by RTTNews Staff Writer

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