Jan 25 (Reuters) - Boston Scientific Corp:
* Court accepted guidant llc plea agreement with the DOJ related to product
advisories issued by guidant in 2005
* Says agreed to pay $296 million on behalf of guidant
* Says in accepting the plea agreement, the court placed guidant on probation
for three years
* Plea agreement resolves DOJ criminal investigation that began prior to co's
2006 acquisition of guidant
* On a yearly basis court to review whether it should grant guidant early
discharge from probation-SEC filing
* To contribute $15 million to close the gap program;science, technology,
engineering and math education over 3 yrs
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Court accepted guidant llc plea agreement with the DOJ related to product
advisories issued by guidant in 2005
* Says agreed to pay $296 million on behalf of guidant
* Says in accepting the plea agreement, the court placed guidant on probation
for three years
* Plea agreement resolves DOJ criminal investigation that began prior to co's
2006 acquisition of guidant
* On a yearly basis court to review whether it should grant guidant early
discharge from probation-SEC filing
* To contribute $15 million to close the gap program;science, technology,
engineering and math education over 3 yrs
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.