AGA Medical falls as top shareholder trims stake

May 12, 2010 by MedCity News

AGA Medical Inc.'s stock price falls 6 percent as a top investor, private equity firm Welsh, Carson, Anderson & Stowe trims its stake in the medical device maker.

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By Thomas Lee

Shares of AGA Medical Holdings Inc. (NSDQ:AGAM) fell more than six percent May 11 after its top investor decided to divest a 10th of its holdings in the Plymouth, Minn.-based medical device maker.

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