The morning brief, in your inbox before you sit down.

New deals · status changes · contested meetings · activist filings. Sent 7am ET on weekdays. Preview today’s

Morning Report
Today's Brief

Penumbra, Inc.

private/Boston Scientific CorporationBSX

Boston Scientific to acquire Penumbra for $374/share in cash and stock

$374MixedVote Scheduledhigh confidence

Key takeaways

  • Boston Scientific Corporation acquires Penumbra, Inc. — $374 aggregate (mixed).

Merger Arbeconomics, downside, days

Deal value

$374

mixed

Per-share offer

Premium

Days to close

Term fee

ConsiderationMixed
AnnouncedApr 24, 2026
Days outstanding84d
Expected close
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing condition
Debt commitment
Insider lock-up

Timelineannounced → close
  1. Announced

    Apr 24, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

    May 6, 2026

  6. Expected close


Vote Mechanicsrecord / mailing / vote
Vote required72d post-vote
Vote dateMay 6, 2026
Record date
Mailing date
Record → vote
Threshold
Min approvalparsed
Shares outstanding
Insider lock-up

Regulatory & ConditionsHSR / EU / CFIUS / MAC

No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.


Closing Conditionsapprovals · vote · financing · lockups

No closing-condition data extracted.


Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

No advisor data on record for this deal.


Filing Timelineevery filing on this issuer
  1. Apr 24, 2026

    Boston Scientific to acquire Penumbra in $374/share mixed consideration deal

  2. Apr 24, 2026this filing

    Boston Scientific to acquire Penumbra for $374/share in cash and stock


Filing Trailcross-reference table
DateFormSectionHeadlineStatus
Apr 24, 2026definitiveBoston Scientific to acquire Penumbra in $374/share mixed consideration dealproxy_filed

Sources

Boston Scientific Corporation agreed to acquire Penumbra Inc in a mixed cash and stock transaction valued at $374.00 per share. Under the merger agreement dated January 14, 2026, Penumbra shareholders may elect to receive either $374.00 in cash or 3.8721 Boston Scientific shares per Penumbra share, subject to proration with 73.26% receiving cash and 26.74% receiving stock. The special meeting of Penumbra stockholders is scheduled for May 6, 2026, to vote on the merger.

Item id: 50f2e71c-cd50-4292-ae30-bfd628fd5987 · ingested Apr 24, 2026