Aspect Medical Systems shareholders sue to block Covidien buyout
October 16, 2009 by MassDevice staff
Shareholders of Aspect Medical Systems filed a lawsuit to block the Mansfield, Mass.-based medical devices giant's $210 million acquisition of the brain monitoring firm.
Shareholders of Aspect Medical Systems Inc. filed a lawsuit to block a proposed $210 million acquisition by Covidien.
The deal would see the Mansfield, Mass.-based medical devices giant pay $12 per share for Aspect, a Norwood, Mass.-based maker of brain monitoring equipment that measures the effects of anesthesia and sedation.
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