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September 01, 2020 10:18am
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Covidien To Buy Given Imaging

Covidien (NYSE: COV) will pay a premium of approximately $860 million in cash to acquire Given Imaging Ltd. (Nasdaq: GIVN). Shares of Covidien added 15 cents to $68.22 while Given Imaging stock leaped $6.15 to $29.80.

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