Medtronic CEO Ishrak nixes spine spinout (MassDevice)
Medtronic CEO Omar Ishrak puts the kaibosh on suggestions that the company ditch its spine business, saying all parts add value – except Physio-Control.
Medtronic (NYSE:MDT) CEO Omar Ishrak put the kaibosh on a spinout for the company's spine business, telling Reuters that all of the company's parts add up to a greater whole, with one notable exception – its Physio-Control external defibrillator unit.
"[O]ur assessment is that the different pieces of Medtronic [together] actually add value," Ishrak told the news serv...
