Conmed (CNMD) to Acquire In2Bones Global
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CONMED Announces Definitive Agreement to Acquire In2Bones Global, Inc.
May 4, 2022 4:05 PM EDTLARGO, Fla.--(BUSINESS WIRE)--
CONMED Corporation (NYSE: CNMD) today announced a definitive agreement to acquire privately-held In2Bones Global, Inc. (In2Bones), on a cash-free, debt-free basis, for cash consideration of $145 million at closing and up to an additional $110 million in growth-based earnout payments over a four-year period. The transaction is not subject to a financing condition. The transaction is subject to customary closing conditions, including receipt of U.S. regulatory approval, and is expected to close late in the second quarter or early in the third... More
