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Given Imaging Ends Exploration of Possible Sale

Posted in News, Companies, Industry

YOQNEAM, Israel―Given Imaging this week announced that it is ending its previously announced exploration of a possible sale or merger transaction.

The executive committee of the board of directors appointed to oversee the process unanimously concluded that as opposed to selling, additional acquisitions and alliances will be a better decision.  

Given also announced that Discount Investment Corporation Ltd. informed the company that it intends to seek a sale of the 45.5 percent of company's outstanding shares it owns, directly or indirectly, in one block.

Given Imaging is a pioneer in capsule endoscopy and provides many other GI-related endoscopy products.

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