They might acquire Nuvectra but they aren't going to acquire you. You'll get the same 2 weeks of severance that the rest of us got from the Thursday layoff.
25-30% of the company. all areas impact (except the board) including field. open positions on website decreased for field reps/support and all other openings were cancelled or taken down.
Hi Stryker folks! This is your buddy Fred here. Back on September 3rd when you expressed some interest in acquiring us when our share price was oh... $2.07 a share.... haven't really heard from you in a while... just wondering what we can do to make this deal happen. Today we're like $1.25ish a share. So... Let's get this deal done you know. Why don't you uh, i don't know, give us $2.07 a share, 40% premium to today's share price but market price three weeks ago. Heckuva deal there for you! Wouldn't be doing it if, you know, we weren't absolutely desperate. Still, no time like the present! can't wait forever! Let's getter done as they say. Anyway, call me back. Please. ...I'll suck your dick.
Now that Medtronic has filed for interstim micro, Nuvectra can quit pretending it will be any kind of player in the sacral space. This should help drop the asking price... maybe enough to get a deal done so we can use their scs system.