Silk Road Medical Announces Definitive Agreement to be Acquired by Boston Scientific

June 18, 2024

https://www.globenewswire.com/news-release/2024/06/18/2900266/0/en/Silk-Road-Medical-Announces-Definitive-Agreement-to-be-Acquired-by-Boston-Scientific.html

Boston Scientific to acquire Silk Road Medical for $27.50 per share in cash

SUNNYVALE, Calif., June 18, 2024 (GLOBE NEWSWIRE) — Silk Road Medical, Inc. (“Silk Road”) (NASDAQ:SILK), a leading minimally invasive medical device company for carotid artery procedures, announced today it has entered into a definitive agreement to be acquired by Boston Scientific Corporation (“Boston Scientific”) (NYSE:BSX), a global medical technology leader, for $27.50 in cash per share, representing an equity value of approximately $1.26 billion. The per share price represents an approximate 38% premium to the volume-weighted average share price of Silk Road Medical’s common stock over the past 60 days.

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