Blackrock takes big position in Wright Medical (MassDevice)
BlackRock Inc. (NYSE:BLK) is cashing in some of its chips in a clutch of medical device companies at the same time as it put more skin into Wright Medical Group Inc. (NSDQ:WMGI), according to regulatory filings.
The world's largest asset management firm, which holds major positions in several medical device companies, revealed that it was increasing its holdings in Wright Medical Group Inc. by nearly 50 percent.
In regulatory filings with the federal SEC, the firm revealed that it now owns about 6.5 million shares of WMGI,...
