DJO Incorporated (DJO) Agrees To Be Acquired By ReAble for $50.25/Share
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DJO Incorporated (NYSE: DJO) announced the signing of an agreement and plan of merger under which an affiliate of ReAble will acquire all outstanding shares of DJO in a transaction valued at approximately $1.6 billion, including the assumption of debt. The agreement provides for a cash payment of $50.25 per share for each outstanding share of DJO common stock. Share of DJO closed at $42.10 on Friday.
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