ArthroCare to Acquire Leading Soft Tissue Repair Technology Innovator Opus Medical.
Business Wire › September 07, 2004
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ArthroCare to Acquire Leading Soft Tissue Repair Technology Innovator Opus Medical.
SUNNYVALE, Calif. -- Acquisition Expected to Be Accretive and Accelerate Overall 2005 Revenue Growth to More Than 30 Percent
ArthroCare(R) Corp. (Nasdaq:ARTC), a multi-business medical device company that develops minimally invasive surgical products, announced today it has reached a definitive agreement to acquire Opus Medical, a maker of soft tissue orthopedic repair systems. Under the terms of the agreement, ArthroCare will acquire all of the capital stock of Opus Medical for $30 million in cash and $60 million of ArthroCare stock payable at the close (subject to adjustment ba...See the full content of this document
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