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October 22, 2018

Stryker denies report it’s in talks to acquire Boston Scientific

Marlborough-based Boston Scientific, one of the state’s biggest life sciences companies, may not be up for sale, after all.

Shares of Boston Scientific (NYSE: BSX) surged on Monday following a report in the Wall Street Journal that it had received a takeover approach from Stryker Corp. (NYSE: SYK), a medical device and scientific equipment manufacturer based in Kalamazoo, Michigan. On Wednesday, however, Stryker issued a brief statement denying the report.

“While it is Stryker Corporation’s…

Source: Boston Biz

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