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Monday, June 16, 2014

Takeover Digest-New York Times business news - June 16, (NYSE: MDT)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * On Monday, New York's attorney general will become the first government authority to take aim at how banks use the databases, according to people briefed on the matter, who spoke on the condition of anonymity. The attorney general's office is expected to announce that Capital One has agreed to fundamentally change the way it uses the largest database, ChexSystems, barring only customers who land in the database for fraud. (* Medtronic Inc agreed on Sunday to purchase Covidien for $42.9 billion, combining two of the world's biggest medical device makers and helping Medtronic lower some taxes by gaining access to cash held overseas. (

Medtronic, Inc. (Medtronic) is engaged in medical technology - alleviating pain, restoring health, and extending life for millions of people worldwide. Shares of MDT fell by 0.15% or $-0.09/share to $60.70. In the past year, the shares have traded as low as $51.06 and as high as $64.33. On average, 4298760 shares of MDT exchange hands on a given day and today's volume is recorded at 2085267.