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Fidelity buys into the Boston Scientific comeback story in a big way

Thu, 07/25/2013 - 4:36pm
Mass Device

Mutual fund powerhouse Fidelity discloses a 10.5% stake in Boston Scientific, making it the medical device company's largest institutional shareholder.

Boston Scientific logo

Fidelity bought into the Boston Scientific (NYSE:BSX) comeback in a big way, revealing in a regulatory filing a nearly 10.5% stake in the medical device company.

With its investment, Fidelity supplants Dodge & Cox., as Boston Scientific's largest institutional shareholder.

The mutual fund company now owns 141.1 million BSX shares, according to the filing.

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