Penumbra and Boston Scientific Merger Filing Receives Second Request
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 12 hours ago
0mins
According to a regulatory filing, Penumbra (PEN) and Boston Scientific (BSX) each filed a notification and report form under the HSR Act with the DOJ and the FTC on February 13, 2026. On March 16, 2026, Penumbra and Boston Scientific each received a Second Request from the FTC in connection with the FTC's review of the Merger. The issuance of the Second Request extends the waiting period under the HSR Act until 30 days after both Penumbra and Boston Scientific have substantially complied with the Second Request, unless the waiting period is extended voluntarily by the parties or terminated earlier by the FTC. Penumbra and Boston Scientific expect to promptly respond to the Second Request and to continue to work cooperatively with the FTC in its review of the Merger.
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Analyst Views on PEN
Wall Street analysts forecast PEN stock price to rise
15 Analyst Rating
14 Buy
1 Hold
0 Sell
Strong Buy
Current: 335.100
Low
266.00
Averages
344.64
High
388.00
Current: 335.100
Low
266.00
Averages
344.64
High
388.00
About PEN
Penumbra, Inc. is a thrombectomy company, which is focused on developing technologies for challenging medical conditions, such as ischemic stroke, venous thromboembolism, such as pulmonary embolism, and acute limb ischemia. The Company's broad portfolio, which includes computer assisted vacuum thrombectomy (CAVT), centers on removing blood clots from head-to-toe. It focuses on developing, manufacturing and marketing novel products for use by specialist physicians and healthcare providers to drive improved clinical and health outcomes. Some of the conditions it focuses on are Pulmonary Embolism, Deep Vein Thrombosis, Acute Limb Ischemia, Ischemic Stroke, Acute Coronary Syndrome, and Clot associated with Arteriovenous Graft or Fistula. The Company sells its products to healthcare providers primarily through its direct sales organization in the United States, Europe, Canada and Australia, as well as through distributors in select international markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Sector Concentration Trend: Frequent mergers in consumer health, semiconductors, medical devices, and media entertainment suggest that companies in these sectors are consolidating to enhance scale and competitiveness in response to rising costs and technological pressures.
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- Cash Acquisition Proposal: AES Corporation (NYSE: AES) is being acquired by a consortium led by Global Infrastructure Partners and EQT Infrastructure VI fund for $15.00 per share in cash, with Halper Sadeh LLC potentially seeking increased consideration and additional disclosures for shareholders.
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- Brink's Merger Proposal: In the merger between Brink’s Company and NCR Atleos Corporation, NCR Atleos shareholders are expected to receive $30 in cash and 0.1574 shares of Brink’s common stock per share, offering NCR shareholders stable cash returns and future equity appreciation opportunities.
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See More
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- Shareholder Rights Protection: SunOpta Inc. (NASDAQ:STKL) is being sold to Refresco for $6.50 per share in cash, prompting Halper Sadeh LLC to remind shareholders to be aware of their rights and options to ensure transparency and fairness in the transaction.
- Merger Transaction Review: The merger between Brink's Company (NYSE:BCO) and NCR Atleos Corporation will result in Brink's shareholders owning approximately 78% of the combined entity, with Halper Sadeh LLC potentially seeking increased compensation for shareholders.
- Legal Support Services: LINKBANCORP, Inc. (NASDAQ:LNKB) is selling for 0.1350 shares of Burke & Herbert common stock per share, and Halper Sadeh LLC offers no-cost legal consultations to help shareholders understand their rights and possible legal remedies.
See More
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- SunOpta Acquisition Details: In the deal with Pegasus BidCo B.V., SunOpta Inc. shareholders are expected to receive $6.50 per share in cash, providing a direct cash return that enhances the investment value for shareholders.
- LINKBANCORP Transaction Structure: LINKBANCORP, Inc. shareholders will receive 0.1350 shares of Burke & Herbert common stock in their transaction, which is expected to affect the shareholder structure and future earnings potential.
- Merger Disclosure: Vine Hill Capital Investment Corp. shareholders will receive shares of the newly combined company in its merger with CoinShares International Limited, which may present new growth opportunities for shareholders.
See More
Penumbra Reports Significant Q4 Profit Growth
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- Adjusted Earnings: Excluding items, the company reported adjusted earnings of $46.51 million or $1.18 per share, reflecting ongoing growth and stability in its core business operations.
- Revenue Increase: The company's revenue rose by 22.1% to $385.38 million compared to $315.51 million last year, showcasing strong market demand and sales performance.
- Market Positioning: With substantial improvements in both profit and revenue, Penumbra strengthens its competitive position in the medical device industry, likely attracting increased investor interest in its future growth potential.
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