UPDATE 1-Wright Medical Group, Tornier win U.S. approval to merge

September 30, 2015 4:18 PM

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WASHINGTON, Sept 30 (Reuters) - Wright Medical Group and Tornier NV have won U.S. antitrust approval for their merger on condition that they sell certain assets related to replacement ankle and toe joints, the Federal Trade Commission said on Wednesday.

The companies said when the deal was announced in October 2014 that the proposed transaction would create a company with a combined value of about $3.3 billion.

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