Vascular Solutions’ $3M purchase of discontinued St. Jude Medical product is a “true tuck-in” acquistion
Vascular Solutions (NASDAQ: VASC) believes that it can make a real business out of a product line that St. Jude Medical (NYSE:STJ) discontinued in July 2011. On Friday, the Maple Grove, Minnesota company, announced that it was buying St. Jude Medical’s Venture catheter product for $3 million, paying $2.25 million upfront and $750,000 to be paid […]