November 19, 2012 at 12:09 PM EST
Wright Medical To Acquire BioMimetic
Wright Medical Group Inc. (Nasdaq: WMGI) will pay approximately $190 million in cash and stock to acquire BioMimetic Therapeutics Inc. (Nasdaq: BMTI). Shares of BioMetic leaped $3.08 to $7.23 while Wright Medical stock lost 47 cents to $19.54.
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