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>> BOSTON SCIENTIFIC Latest News

FEB 17, 2015 - Washington Times

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Boston Scientific will pay Johnson & Johnson $600M

NEW YORK (AP) - Boston Scientific will pay $600 million to settle with drugmaker Johnson & Johnson over the medical device maker's $27 billion acquisition of Guidant Corp. in 2006. Boston Scientific said Tuesday that Johnson & Johnson had wanted $7 billion in damages but will dismiss its lawsuit. Under ...

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FEB 17, 2015 - Yahoo! News

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Boston Scientific to pay J&J $600 million to settle Guidant suit

Medical device maker Boston Scientific Corp on Tuesday said it has agreed to pay $600 million to Johnson & Johnson to settle a long-running lawsuit over Boston Scientific's 2005 acquisition of rival Guidant. J&J had sought more than $7 billion in damages after it lost a bidding war to Boston Scientific following an initial deal to buy Guidant for $21.5 ...

Tags: Boston Scientific to pay J&J $600 million to settle Guidant suit,  Boston Scientific Latest News