Stryker to acquire Orthovita for about $316 mln (press release)
Stryker Snaps Up Orthovita for $316 Million (OTW)
The numbers…
- Stryker pays 3.3 X sales in 2010 of $95M
- $3.85/share in all cash
- Price represents 41% premium of last VITA close
- Transaction includes $12M of debt
http://www.orthovita.com/investors/pressreleases.aspx