# 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.

- Type: Acquisition
- Announced: 2017-02-04
- Where: Canada
- Status: announced
- Products: emergency medical products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Teleflex](https://endata.com/companies/20113.md) (acquirer)
- [Pyng Medical](https://endata.com/companies/21973.md) (target)
- [Vascular Solutions](https://endata.com/companies/22305.md) (target)

## Sources

- [finance.yahoo.com](https://finance.yahoo.com/news/teleflex-acquire-pyng-medical-180116821.html), 2017-02-04: "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."
- [biospace.com](https://www.biospace.com/teleflex-inc-completes-acquisition-of-vascular-solutions), 2017-02-17: "The combination is expected to meaningfully accelerate the growth of Teleflex's vascular and interventional businesses."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.