CLOVERDALE, CA, January 30, 2015-

Medtronic and Covidien issued the following press release on January 26, describing the completion of Medtronic's $49.9 billion acquisition of medical products maker Covidien, formerly a part of Tyco.

Medtronic plc (NYSE: MDT), a global leader in medical technology, services and solutions, announced today that it has successfully completed the previously announced acquisition of Covidien plc (NYSE: COV). Under the terms of the acquisition agreement, Medtronic, Inc. and Covidien plc are now combined under Medtronic plc. Shares of Medtronic plc are expected to begin trading on the New York Stock Exchange (NYSE) under the symbol "MDT" on Tuesday, January 27, 2015.

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