Silk Road Medical Says Boston Scientific To Be Required To Pay Co Termination Fee Of $69.5M If Merger Agreement Terminated Under Certain Circumstances; Upon Deal Termination Under Specified Circumstances, Co To Be Required To Pay Boston Scientific Termination Fee Of $37.9M
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Silk Road Medical announced that Boston Scientific will be required to pay a termination fee of $69.5 million if the merger agreement is terminated under certain circumstances. Conversely, Silk Road Medical will be required to pay Boston Scientific a termination fee of $37.9 million if the deal is terminated under specified conditions.
June 18, 2024 | 8:41 pm
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NEGATIVE IMPACT
Boston Scientific will be required to pay a termination fee of $69.5 million if the merger agreement with Silk Road Medical is terminated under certain circumstances.
The potential termination fee of $69.5 million could negatively impact Boston Scientific's financials in the short term if the merger is terminated under the specified conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Silk Road Medical will be required to pay a termination fee of $37.9 million if the merger agreement with Boston Scientific is terminated under specified conditions.
The potential termination fee of $37.9 million could negatively impact Silk Road Medical's financials in the short term if the merger is terminated under the specified conditions.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100