Wright Medical buys Tornier in stock swap
Wright Medical Group Inc. is paying $1.2bn in stock to buy Dutch orthopedic device firm Tornier NV. Each Wright outstanding common share will be exchanged for 1.0309 Tornier ordinary shares; post-transaction Wright will have a 52% stake in the combined company and Tornier the remaining 48%.
- Medical Devices
- Implantable Devices
- Surgical Equipment & Devices
- Full Acquisition
- Includes Contract
- Payment Includes Stock
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