Wright Medical Grp., Inc. (WMGI)

[mlkrborn]

WMGI $31 (WMGI) : MicroPort Scientific Corporation announced on January 9, 2014 the closing of the transaction to acquire the OrthoRecon business from Wright Medical Group (WMGI). The transaction establishes MicroPort Orthopedics as the sixth largest multinational hip and knee reconstruction company, with global headquarters in Arlington, Tennessee. As a result of the acquisition, MicroPort now holds U.S. manufacturing, global infrastructure, logistics and operations in the top four global orthopedic markets, as well as established hip and knee franchise brands.