Boston Scientific says it won’t comment on reports Stryker made takeover offer

Boston Scientific says it won’t comment on reports Stryker made takeover offer

Boston Scientific said Monday it won’t comment on reports rival medical device manufacturer Stryker made a takeover bid, which was first reported by The Wall Street Journal. Stryker’s shares tumbled more than 4 percent, and Boston Scientific’s rose nearly 8 percent Monday in afternoon trading. They were halted before Boston released its statement. “Boston Scientific … is aware of reports speculating that the company has been approached by Stryker Corporation regarding a potential acquisition.” the…

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