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Merit Medical Systems entered into an Asset Purchase Agreement to acquire a tunneled home drainage catheter product line from C.R. Bard and a soft tissue core needle biopsy product line from BD for $100 million, contingent on the BD-Bard merger closing.
“On November15, 2017, Merit Medical Systems,Inc., a Utah corporation (“Merit”), entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Becton, Dickinson and Company... to which Merit proposes to acquire various assets... for $100 million.”marketexclusive.com
Summarized from public sources; check the original articles before acting on it.