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Medical Technology Company Greatbatch Eyes Lake Region Medical For $1.73 Billion

Medical Technology Company Greatbatch has set eyes on Lake Region Medical as its newest acquisition. Greatbatch's purchase of the company previously called Accellent Inc amounted to $1.73 billion. Lake Region Medical, which generally provides research and development assistance and contract manufacturing to creators of medical device, would gain $478 million in cash and 5.1 million shares. Greatbatch would also assume the $1 billion debt of the company.
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