Merit Medical acquires DFine for $98M (3 X sales)

Merit Medical pays $98m for DFine’s spine devices (MassDevice)
DFine website
All Mergers & Acquisitions in Orthopedics/Spine
Merit Medical (NSDQ:MMSI) said today that it paid $97.5 million in cash to acquire DFine  and created a new division to incorporate DFine’s spine devices.
San Jose, Calif.-based DFine makes the StabiliT line of devices, for injecting bone cement into vertebral fractures, and the Star spine tumor ablation system. Jordan, Utah-based Merit said its new interventional oncology & spine division will unite those products with its own line of oncology devices, including...