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Wright Medical Group

This article was originally published in The Gray Sheet

Executive Summary

Orthopedics firm goes public via initial offering of 7.5 mil. shares at $12.50 each on July 13, grossing $93.8 mil. Plans for an IPO of up to $132 mil. in stock were announced in April (1"The Gray Sheet" May 7, 2001, p. 17). Trading on the Nasdaq exchange under the symbol "WMGI," the Arlington, Tennessee firm will use the proceeds primarily to repay debt and for general corporate purposes. J.P. Morgan Securities, Credit Suisse First Boston and U.S. Bancorp Piper Jaffray managed the offering for Wright
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