Piper Jaffray Upgrades Wright Medical (WMGI) to Overweight

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Go back to Piper Jaffray Upgrades Wright Medical (WMGI) to Overweight

Wright Medical Group N.V. Announces Binding Offer Under Which Corin Orthopaedics Holdings Limited Would Acquire Wright’s Large Joints Business

July 11, 2016 1:45 AM EDT

Proposed Transaction is Expected to Reinforce Wrights Strategic Focus in High-Growth Extremities and Biologics Markets and Increase Growth Profile

Binding Offer Price of 29.7 Million Cash (Approximately $33 Million)

AMSTERDAM, The Netherlands, July 11, 2016 (GLOBE NEWSWIRE) -- Wright Medical Group N.V. (NASDAQ: WMGI) today announced that it has received a binding offer under which Corin Orthopaedics Holdings Limited (Corin) would acquire the large joints (hip/knee) business from Wright Medical Group N.V.  Under the terms of the offer and... More