GID 0.00% 0.2¢ gi dynamics, inc

Have I got this right?Medtronic dispose of 6 m common stock and...

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  1. 1,691 Posts.
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    Have I got this right?

    Medtronic dispose of 6 m common stock and acquire 39m CDI's to give then effectively the equivalent of 7.8m common stock.

    Why would they do that?

    Thinking of buying a few but no holding at present.
 
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