HeartWare International, Inc. (HTWR)

[cjgaddy]

Massdev article about evolution of WorldHeart Buyout by Heartware. Deal started at $25mm, ended up at $8mm.

7-6-12: ”World Heart's Fortunes Sagged As Merger With Heartware Dragged On”
by Brian Johnson, Massdev

SUMMARY: Regulatory documents show that World Heart had a $25 million offer from Heartware last year, just before the company cut nearly all its staff amid sagging fortunes. MassDevice takes a quick look behind the deal for the Salt Lake City, Utah, ventricular assist device maker. In the heat of the summer 2011, officials at World Heart Corp. were scrambling to keep a deal with HeartWare Intl. alive.

Last June (2011), company officials at World Heart watched a $25 million initial non-binding offer from Framingham, Mass.-based Heartware dissolve during due diligence. . .
ENTIRE ARTICLE:
http://www.massdevice.com/news/world-hearts-fortunes-sagged-merger-with-heartware-dragged?page=show

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7-2-12: Heartware to Acquire WorldHeart via Stock Swap (vs. $8mm Cash)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77153857

3-30-12: ”HeartWare snags World Heart for $8 million”
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73905880