Zimmer proposes selling knee and elbow lines to satisfy EC

Zimmer Provides Update on the European Commission Review Process Relating to the Pending Merger with Biomet, Inc. (press release)
WARSAW, Ind., Dec. 4, 2014 /PRNewswire/ -- Zimmer Holdings, Inc. (NYSE and SIX: ZMH) ("Zimmer") announced today that it has proposed a remedy package to the European Commission (the "EC") to facilitate the EC's approval of Zimmer's proposed acquisition of Biomet (BMET).
 
Zimmer has been working closely with the EC to develop a mutually-acceptable solution to address the discrete concerns identified by the EC in its preliminary assessment of the proposed acquis...