In 2005, after leading Chelsea Clock for more than 25 years, Leavitt, sold the company to JK Nicholas, an investor in Boston Scientific a business consultant, entrepreneur, and longtime collector of Chelsea clocks.
On December 5th, 2005, Boston Scientific made a surprise unsolicited $24.6 billion bid to acquire Guidant, offering $72 per share of Guidant, $36 in cash and a fixed number of Boston Scientific shares valued at $36 a share.
The more important cases he helped to represent include Bush v. Gore, and the merger between Guidant and Boston Scientific.
He received his B.S. in electrical engineering and his M.S. in biomedical engineering and attended three years of Medical School before deciding to leave and work on the first implantable cardioverter-defibrillator with Intec Systems, which was acquired by Eli Lilly, spun out to form Guidant, and acquired by Boston Scientific in 2006 for $27.5B
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In 2001, the site was sold to John Abele, co-founder of Boston Scientific, who transformed it into its current use as a meeting and presentation venue.