inelegantinvest
Oct 12, 11:28 PM
$MDT $MMED
MiniMed exchange offer preliminary results:
• 298.0M MDT shares tendered
• 55.0M expected to be accepted
• 18.3% preliminary proration
• 4.5939 MMED shares per accepted MDT share
• Qualifying odd lots exempt
93.3M shares were tendered through guaranteed-delivery procedures, so the final proration could change.
Final results expected October 14.
https://www.stockspinoffs.com/2026/10/12/medtronic-minimed-exchange-proration-18-percent/
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