Your Dashboard for the Zimmer - Biomet Merger
ZIMMER BIOMET DEAL CLOSES (Orthopedics This Week)
Zimmer Biomet has finally been born.
Zimmer Holdings, Inc. said on June 24, 2015 that is has received U.S. Federal Trade Commission (FTC) clearance for the merger with Biomet Inc. after agreeing to sell its Unicompartmental High Flex Knee (ZUK) system in the U.S. market to Smith & Nephew. The ZUK deal will close within three business days after the Zimmer Biomet deal is closed.
Zimmer Biomet's President and CEO Dave Dvorak says the $14 billion acquisition is completed and it's a "momentous ac...