Industry news
England High Court approves merger between Sorin and Cyberonics
Sorin and Cyberonics announced that the High Court of England and Wales has issued an order approving completion of the cross-border merger of Sorin with and into LivaNova PLC following the adoption of the transaction agreement providing for the business combination between Sorin and Cyberonics by Cyberonics stockholders on September 22, 2015.
The Merger will become effective on October 19, 2015. Thereafter the merger of Cypher Merger Sub, Inc., a U.S. subsidiary of LivaNova, with and into Cyberonics will also become effective.Sorin and Cyberonics have unveiled LivaNova as the name of their combined company, effective at the close of their proposed merger.