The merger with Tornier is hung up on the FTC in regards to lower extremities, maybe they need to tender the cvr's in order for the merger to proceed? The latest $400 million offering would definitely provide the means to do so.
"Wright is required to provide a product sales statement to the trustee that includes a calculation of the aggregate product sales for the Products during that calendar month and the 11 immediately preceding calendar months."
Source: http://www.nasdaqtrader.com/content/newsalerts/2013/infocircular/WMGIZcircular.pdf
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