Stryker (NYSE:SYK) announced that it closed the purchase of Wright Medical (NSDQ:WMGI) and sold some of its arthroplasty systems to DJO.
Kalamazoo, Mich.-based Stryker announced last week that it planned to complete the $4.7 billion tender offer at its expiration, which was scheduled for 5 p.m. ET on Nov. 10, 2020. That news followed U.S. Federal Trade Commission’s announcement of plans to allow Stryker to proceed with the acquisition, provided that Stryker divest certain assets to Colfax (NYSE:CFX)/DJO Global. The U.K. Competition and Markets Autho...
