Indian device developer to buy Cardiac Science for $2.30 a share
Opto Circuits (India) Ltd. (BSE:532391) entered into a merger agreement with Cardiac Science Corp. (NASDAQ:CSCX). The Bangalore, India-based medical device developer plans to acquire Cardiac Science in an all-cash tender offer for $2.30 per share, a 10 percent premium over its Oct. 18 closing price and a 30 percent premium on CSCX’s average closing price […]