Content area
Full Text
The Deal: Tyco International Ltd. has agreed to purchase InnerDyne Inc. for $180 million in stock. The acquisition is an effort to expand Tyco's line of surgical instruments sold to hospitals. After the news of the transaction was announced, shares of Tyco inched up 94 cents to $52.06, while InnerDyne shares slipped 22 cents to close at $6.91.