South Jordan-based medical technology company Merit Medical Systems Inc. has signed an asset purchase agreement to purchase Cook Medical’s lead management portfolio for a total cash consideration of approximately $210 million. Cook Medical is a Bloomington, Indiana-based developer of catheters, needles and wire leads for endoscopy, urology and gynecology surgeries.
Merit said it will fund the transaction through a combination of cash on hand and borrowings under its long-term credit facility. The closing of the acquisition is expected to occur during the fourth quarter of this year, subject to Please log in to see the rest of this story.
