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Boston Scientific shares skyrocket on buyout rumor

Shares of Boston Scientific Corp. surged on Monday after the Wall Street Journal reported that the Marlborough-based medical device giant had recently received a “takeover approach” from Stryker Corp.

The newspaper’s report cited unnamed sources, and said it was unclear whether Boston Scientific (NYSE: BSX) was receptive to the overture from Kalamazoo, Michigan-based Stryker (NYSE: SYK), which also makes medical devices and equipment.

Shares of Boston Scientific jumped 7 percent as of 11 a.m.,…

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