Spinal device companies Baxano and TranS1 merge
Public spinal device company TranS1 Inc. is merging with closely held Baxano Inc., which also offers minimally invasive devices for conditions of the lumbar spine, in a $25.3mm transaction. TranS1 will issue 10.4mm common shares (valued at $24.75mm) and pay $550k in cash.
- Medical Devices
Surgical Equipment & Devices
- Minimally or Less Invasive
- Surgical Equipment & Devices
- Full Acquisition
- Payment Includes Cash
- Payment Includes Stock
- Reverse Acquisition
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