Stryker Corporation to Acquire Small Bone Innovations for $375M (SYK)

June 30, 2014 2:15 PM

12 0

Stryker Corporation to Acquire Small Bone Innovations for $375M (SYK)

Stryker Corporation (SYK) announced on Monday morning that it has agreed to acquire the assets of Small Bone Innovations for $375 million.

Stryker will acquire the company is an all cash transaction worth $375 million. The total net cost of the deal will be $285 million when tax benefits are taken into account. The deal is subject to customary closing conditions and the expiration of the Hart-Scott-Rodino Antitrust Improvements Act wai...

Also read: Pebble Discontinuing Smartwatches After Its Sale to Fitbit

Read more

To category page

Loading...