ORTHOMET/KIRSCHNER MERGER WOULD CREATE $100 MIL. ORTHOPEDIC FIRM
This article was originally published in The Gray Sheet
Executive Summary
ORTHOMET/KIRSCHNER MERGER WOULD CREATE $100 MIL. ORTHOPEDIC FIRM with the "critical mass essential to sustaining a constant flow of new products and attracting prime distribution resources," Orthomet said in a May 25 release announcing the signing of a letter of intent to merge with Kirschner. Under the proposed deal, Orthomet stock would be issued to Kirschner shareholders, who would own 44% of the resulting company. Orthomet shareholders would own the remaining 56%.