Teleflex to acquire Pyng Medical for $0.302 per share

Teleflex has agreed to acquire all outstanding shares of Pyng Medical for cash consideration of USD $0.30203 per share, representing a significant premium. The acquisition will be by way of a court-approved plan of arrangement.

“We are pleased to be able to announce the acquisition of Pyng by Teleflex Medical as the successful outcome of our review of strategic alternatives for the Company.”finance.yahoo.com

• 2 sources
• finance.yahoo.comTeleflex to Acquire Pyng MedicalMarketwiredFeb 4, 2017
• biospace.comTeleflex Inc. Completes Acquisition Of Vascular Solutions - BioSpaceAnnalee ArmstrongFeb 17, 2017

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