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April 05, 2024

J&J boosts heart device business with $12.5 bln Shockwave Medical deal

J&J has offered $335 per share in cash, or a 17% premium to the stock's closing price in late March, when the Wall Street Journal reported that the healthcare conglomerate was in talks to buy the company. Shockwave shares rose 1.6% to $325.18 in premarket trading.


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