UPDATE 2-Medical technology company Greatbatch to buy Lake Region Medical

August 27, 2015 11:32 AM

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Aug 27 (Reuters) - Medical technology company Greatbatch Inc said it would buy privately owned Lake Region Medical, formerly Accellent Inc, in a cash-and-stock deal valued at about $1.73 billion.

The deal will create one of the world's largest original equipment suppliers serving the cardiac, vascular, orthopaedics and advanced surgical markets, Greatbatch said on Thursday.

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