Given Imaging Ltd Halts Sale Review, Investor May Sell Stake-Reuters

Reuters reported that Given Imaging is no longer considering a sale or merger and will instead focus on its existing operating plan, as well as potential acquisitions and alliances, the camera-in-a-pill maker said. The Israeli medical devices maker also said 45.5% shareholder Discount Investment Corp planned to seek and consider a sale of its stake in one block. There can be no assurance that any transaction will occur, Given Imaging added. Terms of the transaction were not disclosed.