Stryker Acquires Wright Medical, Speeds Path to Leadership in Extremities

Stryker and Wright Medical

Stryker (SYK) entered a definitive agreement to purchase Wright Medical (WMGI) for $30.75 per share, or a total equity value of $4 billion and an enterprise value of $5.4 billion in cash. The deal is expected to close in 2H20 and will not impact Stryker’s net earnings through 2020. Stryker leadership believes that they will realize up to $125...

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Mike Evers is a Senior Market Analyst and writer with over 15 years of experience in the medical industry, spanning cardiac rhythm management, ER coding and billing, and orthopedics. He joined ORTHOWORLD in 2018, where he provides market analysis and editorial coverage.

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