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Medtronic plc
Ticker Symbol: MDT CUSIP: G5960L103 Previous CUSIP: 585055106 Exchange: NYSE
January 26, 2015 - Medtronic plc (NYSE: MDT), a global leader in medical technology, services and solutions, announced today that it has successfully completed the previously announced acquisition of Covidien plc (NYSE: COV). Under the terms of the acquisition agreement, Medtronic, Inc. and Covidien plc are now combined under Medtronic plc. Shares of Medtronic plc are expected to begin trading on the New York Stock Exchange (NYSE) under the symbol MDT on Tuesday, January 27, 2015. Covidien shares and Medtronic, Inc. shares ceased trading on the New York Stock Exchange at the close of business today. The cash-and-stock transaction is valued at approximately $49.9 billion, based on Medtronic's closing stock price of $75.59 per share on January 26, 2015. Under the terms of the transaction, each ordinary share of Covidien outstanding as of the closing has been converted into the right to receive $35.19 in cash and 0.956 of an ordinary share of Medtronic plc. Each share of Medtronic, Inc. common stock outstanding as of the closing has been converted into the right to receive one ordinary share of Medtronic plc.
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Company's Online Profile
BUSINESS: Medtronic, Inc. is a medical technology, services and solutions company. The Company offers its products to hospitals, physicians, clinicians and patients in over 160 countries. The Company’s portfolio includes surgical, respiratory and monitoring, and vascular therapies solutions along with a line of patient care products to alleviate pain, restore health and extend life for people.
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IPO - 1/1/1900
Previous Name: Medtronic, Inc. Changed: 1/26/15
Large Cap Stock -
Market Value $ 145 Billion
Yahoo News Summary for MDT
YAHOO! Profile for MDT
Yahoo Detailed Quote
MarketWatch Quote
MSN Company Report for MDT
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Foreign Address and Phone Numbers |
| Address: 20 On Hatch, Lower Hatch Street, Dublin 2, Ireland |
| Main Phone Number |
+353 1 438-1700 |
| Address and Phone Numbers |
| U.S. Representative |
N.A. |
| Address: 710 Medtronic Parkway, Minneapolis, MN 55432 |
| Main Phone Number |
763-514-4000 |
| Fax Number |
Not Available |
| Investor Relations
Jeff Warren
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763-505-2696
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| Toll Free Phone Number |
800-633-8766 |
| CEO - Geoffrey S. Martha |
CFO - Karen L. Parkhill |
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