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MiniMed Files Form S-4 with SEC For Medtronic Exchange Offer Covering 225M Shares of MiniMed Common Stock
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MiniMed (NASDAQ:MMED) announced that it has filed a Form S-4 Registration Statement today with the Securities and Exchange Commission (the "SEC") in connection with Medtronic plc's ((", Medtronic", , NYSE:MDT) offer to exchange up to 225,361,295 shares of MiniMed common stock, representing 80.1% of the total outstanding shares of MiniMed common stock, for outstanding Medtronic ordinary shares that are validly tendered and not validly withdrawn. If the exchange offer is oversubscribed, Medtronic intends to exchange all of Medtronic's remaining interest in MiniMed (an additional 27,452,053 shares of MiniMed common stock), without extending the exchange offer period. In the exchange offer, Medtronic shareholders will have the opportunity to exchange their Medtronic ordinary shares for shares of MiniMed common stock, subject to the terms of the offer.

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