Zimmer may have to sell off some joint replacement businesses to pass Hart-Scott-Rodino Antitrust test and gain FTC approval

FTC SENDS “SECOND REQUEST” TO ZIMMER/BIOMET (Orthopedics This Week)
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The Federal Trade Commission (FTC) has sent Zimmer Holdings, Inc. and Biomet, Inc. a “Second Request” for additional information in connection with their proposed merger.
According to former FTC attorney Darren Tucker, only about 4% of all deals receive a formal second request for information. Tucker worked on the Johnson & Johnson/Synthes merger while at the agency. This second request follows European regulators pausing their review of the deal until further information is provided by the...