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news.Boston Scientific, a provider of medical devices, has acquired California-based medical technology company CryoCor. The transaction follows the definitive agreement announced on April 16, 2008.
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Under the terms of the transaction, all remaining outstanding CryoCor shares are entitled to receive $1.35 per share in cash, for a total of approximately $17.6 million. CryoCor is now an indirect, wholly-owned subsidiary of Boston Scientific.