Why Covidien Is Buying Given Imaging at a Premium

Why Covidien Is Buying Given Imaging at a Premium Play

Dec. 9 (Bloomberg) -- Given Imaging jumped the most on record after Covidien Plc offered to buy the Israeli maker of swallowable cameras at a 27 percent premium to the closing price of its U.S.-traded stock. Elliott Gotkin reports on Bloomberg Television's "Countdown." (Source: Bloomberg)

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