Alphatec Spine to acquire Scient’x with a pure stock-for-stock transaction by March 2010

Alphatec will use 24M shares of ATEC stock or around $116M in value to purchase 100% of the outstanding shares in Scient’x.

The combined company will create the third-largest independent spinal company with a global span of product distribution. Scient’x is the largest privately held independent spine company outside of the United States with product distribution in over 50 countries.

Alphatec Spine Press Release…  http://ow.ly/NcPb