CONMED Reported to be Considering a Sales Process (HealthPointCapital)
CONMED Corporation is reported to be exploring a sales process, and has been speculated to have already reached out to other medical device companies to assess buyout interest.
This decision to consider a sale comes as the company anticipates a strenuous proxy battle at its annual shareholder meeting, expected to take place in 3Q:14.
CONMED has been under pressure since 2H:13 from activist investors that are concerned with the company's operational performance and corporate governance, and believe the company to be an attra...
