Monday, July 23, 2007

UPDATE 1-Teleflex to buy Arrow International for $2 bln

(Reuters) - Teleflex also said it hired Goldman Sachs to evaluate
strategic alternatives for businesses in its commercial
segment.




Arrow shareholders will receive a cash payment of $45.50
per share, representing a premium of 20 percent over Arrow's
closing share price of $37.79 on Friday. The deal was approved
by the boards of both companies and is subject to approval by
Arrow shareholders.


Read more at Reuters.com Mergers News

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