FDAnews Device Daily Bulletin

ST. JUDE MEDICAL ACQUIRES APPROXIMATELY 89% OF ADVANCED NEUROMODULATION SYSTEMS

Nov. 17, 2005
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St. Jude Medical, Inc. announced today that the tender offer for all of the outstanding shares of common stock of Advanced Neuromodulation Systems, Inc. expired at midnight, Eastern Time, Tuesday, November 15, 2005. St. Jude Medical has accepted for purchase and payment all of the shares that were validly tendered as of the expiration of the offer. The preliminary results of the offer show that approximately 15,769,679 shares of ANS common stock were validly tendered and not properly withdrawn as of the expiration date, satisfying the minimum condition for the tender offer. Such tendered shares, together with approximately 2,257,821 shares subject to notices of guaranteed delivery (for a total of approximately 18,027,500 ANS shares), represent approximately 89% of ANS's outstanding shares.

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