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...


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