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BioWorld - Sunday, April 26, 2026
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Home » Abbott buying CSI for $20 a share, but no firm closing date set
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Abbott buying CSI for $20 a share, but no firm closing date set

Feb. 9, 2023
By Mark McCarty
Abbott Laboratories reported its plans to acquire Cardiovascular Systems Inc., (CSI), makers of an orbital atherectomy system, and will pay shareholders of CSI $20 per share. Analysts see the acquisition as a smart move for Abbott even though the purchase price represents a 50%-plus premium over the Feb. 8 closing price of $13.31, but the companies did not provide a date by which the transaction will close.
Deals and M&A Medical technology Acquisition

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