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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Stryker Corp | NYSE:SYK | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -10.50 | -3.12% | 326.00 | 335.725 | 320.715 | 333.14 | 1,147,303 | 16:45:38 |
From May 2019 to May 2024
By Colin Kellaher
Shares of Wright Medical Group NV (WMGI) surged nearly 30% on Monday after the medical-devices maker agreed to be acquired by Stryker Corp. (SYK) for about $4 billion in cash.
Stryker is paying $30.75 a share in cash for Wright, a roughly 40% premium to Friday's closing price of $22.01.
Bloomberg, citing people familiar with the matter, late Friday reported that Amsterdam-based Wright was working with financial advisers and exploring a sale.
Wright Medical shares were recently up 29.2%, to $28.45. Shares of Stryker slipped 3.5%, to $205.26.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
November 04, 2019 10:02 ET (15:02 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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