Rumor Mill: Is Volcano Corporation Ripe For A Buyout?
Published: Nov 14, 2013
Diagnostics and stents maker Volcano (NSDQ:VOLC) may be primed for acquisition, with a raft of analysts' groups debating only the timing of a buy. Volcano's stents and stent placement and evaluation technologies could draw buyers from some of medtech's biggest players, such as Medtronic (NYSE:MDT) and Abbott (NYSE:ABT), according to market reports. Engaged Capital, which owns a significant stake in the company, recommended patience, saying the company may garner a higher price if it waits to sell.
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