Rumors that Stryker will acquire Smith & Nephew ‘soon’

Report: Stryker could move for Smith & Nephew 'soon' (MassDevice)
A Stryker move for Smith & Nephew could reportedly come as soon as the next few weeks.
A Stryker (NYSE:SYK) bid for Smith & Nephew (FTSE:SN, NYSE:SNN) could be in the works at a significant premium to the British orthopedic & wound care firm's share price.
Citing "people with knowledge of the matter," Bloomberg reported that Stryker's offer could come as soon as the coming weeks. One source said the premium could be as high as 30%, according to the news service.
Although Smith & Nephew is based in London, the...