Stryker Acquiring K2M

Stryker (SYK) announced its intent to acquire K2M for ~US $1.4BB in cash by late 4Q18. For 2017, K2M posted revenue of $249.3MM, +8.8% vs. 2016. Mr. Eric Major, K2M’s Chairman, CEO and President, is expected to lead Stryker Spine as President following the transaction’s close, taking over from Mr. Bradley Paddock.

K2M will become a...

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Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.

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