Stryker Says It's Not in Merger Talks With Boston Scientific

  • Comment follows a report about approach for a potential deal
  • Medical-device makers have been consolidating in recent years
Photographer: David Maung/Bloomberg
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Stryker Corp. said it isn’t in talks with medical-device giant Boston Scientific Corp. about a potential acquisition, responding to a report that it had sought a deal.

The Wall Street Journal reported two days ago that Stryker had approached Boston Scientific about a potential merger, sending the target company’s shares soaring.