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More Mergers As A Direct Result Of Medtronic-Covidien Combo? Mixed Prospects

Medtronic’s massive acquisition of Covidien could accelerate the trend of industry consolidation further, some say. But executives from several big device firms insist nothing fundamental has changed.

The device industry is already in the midst of some significant consolidation and Medtronic PLC’s massive, $42.9 billion acquisition of Medtronic Minimally Invasive Therapies could, some say, accelerate that trend further. But executives from several big device firms insist nothing fundamental has changed.

Two significant underlying drivers for the Medtronic-Covidien deal are Medtronic’s pursuit of a better tax position for its overseas cash and the need to expand the diversity and depth its product offerings to be in a stronger

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