Mario Gabelli Comments on Vascular Solutions

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Holly LaFon
Jan 31, 2017
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Vascular Solutions, Inc. (

VASC, Financial) (0.4%) (VASC $56.10 NASDAQ) is a Minneapolis, Minnesota-based medical device company. VASC is engaged in the development and sale of medical diagnostic equipment specializing in the treatment and detection of cardiovascular related health issues. On December 2, 2016, the company agreed to a $56 cash per share merger with Teleflex Inc. which values VASC at $1 billion. The deal is subject to traditional regulatory and shareholder approvals and it should be completed in the first half of 2017.



From

Mario Gabelli (Trades, Portfolio)'s ABC Fund fourth quarter 2016 commentary.



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I'm a financial journalist with a Master of Science in journalism from Medill at Northwestern University.