All Zimmer news Zimmer Investor News All Biomet news
INTEGRATION
Spine – Denver (Lanx) will be the Spine hub. Sorry Minneapolis and Austin.
Dental – Palm Beach Gardens (Biomet 3i) will be the Dental hub. Sorry Carlsbad. Closure of Zimmer dental HQ to result in 279 layoffs
Biologics – Zimmer Biologics (Austin) will finally be shut down.
Joints – Both divisions co-exist in Warsaw. But no more satellite employees. Gotta move to Warsaw. Divested Uni Knee to Lima.
Trauma – Both divisions co-exist in Warsaw.
Extremeties -Both divisions co-exist in Warsaw. Divested elbow system to DJO in US and to Lima in EU.
NEWS
Zimmer-Biomet to focus on cross-selling opps and non-large joints (OrthoStreams)
Early management moves at Zimmer-Biomet (OrthoStreams)
Layoffs: Speculation is buzzing about cuts in Zimmer-Biomet sales forces (OrthoStreams)
Advice for Zimmer and Biomet employees (TDG)
Zimmer and Biomet CEOs try to settle employees with an open letter (OrthoStreams)
Zimmer CEO insists no salespeople will be cut after Biomet merger (FierceMedicalDevices)
Local effects in Warsaw (StacyPageOnline)
TIMELINE
2018? – Integration complete
June 24, 2015 – The Closing Zimmer Completes Combination with Biomet missed Q1 for closing Zimmer needs another 3 months to close Biomet deal
June 2015 – HSR clearance , FTC clearance – stalled by foreign bribery investigations in Brazil/Mexico
April 17, 2015 – Zimmer-Biomet sells knee and elbow systems to Lima to satisfy EU regulators
May 30 2015 – EU clearance – Zimmer Announces Clearance by the European Commission of the Pending Biomet Merger , Zimmer submits remedy package Feb 10, Zimmer proposes selling knee and elbow lines, EU Regulators take a 2nd look at Zimmer-Biomet, EC Halts Review of Zimmer-Biomet Bid
March 25, 2015 – Japan clearance – Japan Fair Trade Commission Clears Zimmer-Biomet Merger
July 2, 2014– SEC subpoenas Biomet regarding operatons in Brazil and Mexico
May 2014 – Zimmer and Biomet Board Approvals
May 20, 2014 – both CEOs try to settle employees down with an open letter
April 24, 2014 – Zimmer announcement Biomet announcement
EARNINGS CALLS
Zimmer Biomet Holdings, Inc. Reports Second Quarter 2015 Financial Results
Zimmer Holdings, Inc. Reports Third Quarter 2014 Financial Results
Zimmer Holdings Announces Live Audio Webcast and Conference Call of Third Quarter 2014 Results
Zimmer Holdings Management Discusses Q4 2013 Results – Earnings Call Transcript
Q4 2013 Zimmer Holdings Inc Earnings Conference call (Webcast)
ANALYSIS
Chronology of a Transaction: Zimmer And Biomet (Don Urbanowicz)
A 2nd Suitor dropped out of the chase for Biomet (MassDevice)
Valuation of Zimmer by Quarter by Quarter (Seeking Alpha)
Financial Analysis of Zimmer-Biomet (Seeking Alpha)
4 Early Observations about the combined Zimmer-Biomet (OrthoStreams)
6 future effects from the Zimmer-Biomet merger (Beckers)
Effects on shareholders and investors (SeekingAlpha)
Effect on Medical Device Tax (OrthoStreams)
Local effects in Warsaw (StacyPageOnline)
Effects on OrthoWorx (StaceyPageOnline)
Early Analysis of the Zimmer acquisition of Biomet (OrthoStreams)
Effects on implant pricing at hospitals (IndianaEconomistDigest)
The Zimmer-Biomet Merger: 5 Things for Hospitals to Know (Beckers)
Early history of 3 Orthopedics giants in the unlikely city of Warsaw Indiana (OrthoStreams)
Zimmer-Biomet Deal: What to Expect Out of This Milestone Merger? (HealthcareGlobal)
How does the Zimmer-Biomet megamerger rank historically in Orthopedics? (EPAdvantage)
Analysis of Zimmer bonds (Forbes)
REGULATORY APPROVALS
Biomet bribery probe may stall Zimmer merger (OrthoStreams)
EU to extend Zimmer-Biomet probe (OrthoSpineNews)
Zimmer may have to sell off some joint replacement businesses to pass Hart-Scott-Rodino Antitrust test and gain FTC approval (OrthoStreams)
5 Things to Know about FTC request (Beckers)
FTC wants more from Zimmer, Biomet on merger (MassDevice)
Zimmer-Biomet Merger Deal Data ‘Incomplete’ (ODTMag)
U.S. FTC Seeks Addl Information On Zimmer’s Proposed Acquisition Of Biomet (NASDAQ)
PRESS RELEASES & ANNOUNCEMENTS
Zimmer Holdings, Inc. to Combine with Biomet, Inc. in Transaction Valued at $13.35 Billion (press release)
ETHICS & INVESTIGATIONS
The Zimmer-Biomet deal is stalled in foreign bribery investigations
SEC subpoenas Biomet regarding operatons in Brazil and Mexico
Timeline of DOJ versus Orthopedic Companies
Zimmer sues Stryker for Trojan Horse scheme to steal its customers