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Friday, 02/01/2019 5:47:37 PM

Friday, February 01, 2019 5:47:37 PM

Post# of 41298
In regards to M&A Hanson has this to say:

we're going to continue to use a lot of our cash to be able to buy down that debt. At the same time, if there are targets that are attracted to us and make financial sense and strategic sense to the organization and we think it provides good shareholder returns that we would certainly look at those targets today



So, if I can lay it out perfectly, I want to start moving more into active BD&L towards the back half of 2019 or 2020 and stay very focused our short-term objectives until then. But I -- just so we don't surprise anybody, if an opportunity ever came about, if something came out opportunistically in a period shorter than that and we thought it made sense, we would certainly take a look at it.



While ideally Hanson would prefer M&A type activities happen in 2h19 into 1h20, something could happen sooner if it made sense strategically. I like this little addendum Hanson adds, "just so we don't surprise anybody".


Hanson you absolutely have a company in your back pocket that fits your strategic direction you tease. I mean unless he doesnt care about improving spine, dental, etc..


https://www.google.com/amp/s/seekingalpha.com/amp/article/4237535-zimmer-biomet-holdings-inc-zbh-ceo-bryan-hanson-q4-2018-results-earnings-call-transcript
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