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BRIEF-Enteromedics announces the acquisition of the Gastric Vest System
May 23, 2017 / 11:22 AM / 7 months ago

BRIEF-Enteromedics announces the acquisition of the Gastric Vest System

May 23 (Reuters) - Enteromedics Inc:

* Enteromedics announces the acquisition of the Gastric Vest System

* Enteromedics - shares of common stock issued in acquisition represent 19.99pct of Enteromedics’ outstanding common stock immediately prior to acquisition

* Enteromedics Inc - it has acquired Gastric Vest System through its acquisition of Bariosurg Inc

* Enteromedics - consideration paid for Bariosurg consists of 1.38 million unregistered shares of co’s common stock, 1.0 million unregistered shares convertible preferred stock & $2.0 million in cash Source text for Eikon: Further company coverage:

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