Report: Medtronic butts heads with shareholders at annual meeting

August 23, 2014 4:04 AM

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Report: Medtronic butts heads with shareholders at annual meeting

Some of Medtronic’s shareholders aren’t pleased about the structure of the $43 billion mega-merger with Covidien, which will stick some long-time backers with significant fees.

Not everyone is thrilled about the impending mega-merger of medtech titans Medtronic (NYSE:MDT) and Covidien (NYSE:COV). Although investors have rallied around the $43 billion deal and have lauded its structure as a corporate inversion, many stockholders are angry that they’re being stuck with a tax...

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