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LDR Holding Corp.

Zimmer Biomet to close $1B LDR Holding buyout later today

July 13, 2016 By Brad Perriello

Zimmer Biomet (NYSE:ZBH) said today that it expects to close its $1 billion acquisition of LDR Holding (NSDQ:LDRH) later today, after its $37-per-share tender offer reaped about 88.9% of LDR’s outstanding shares. The deal, which last month cleared the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, isn’t expected to affect Zimmer Biomet’s sales outlook, with adjusted earnings per share likewise unaffected […]

Filed Under: Mergers & Acquisitions, Orthopedics, Spine, Wall Street Beat Tagged With: LDR Holding Corp., Zimmer Biomet

Zimmer Biomet clears U.S. anti-trust waiting period on LDR Holding acquisition

June 27, 2016 By Brad Perriello

Zimmer Biomet (NYSE:ZBH) said today that its pending, $1 billion acquisition of LDR Holding (NSDQ:LDRH) cleared the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. The $37-per-share offer for LDR, which makes the Mobi-C cervical disc replacement and Mivo lumbar and cervical fusion devices, is slated to expire at midnight July 13; today Zimmer said it expects to close the […]

Filed Under: Mergers & Acquisitions, Orthopedics, Wall Street Beat Tagged With: LDR Holding Corp., Zimmer Biomet

Zimmer Biomet to drop $1B on spine-focused LDR Holding

June 7, 2016 By Fink Densford

Zimmer Biomet (NYSE:ZBH) said today it is buying spinal medical device company LDR Holding for approximately $1 billion. Boards from both companies approved the acquisition agreement, the company said, with Zimmer Biomet slated to acquire all outstanding shares of LDR at $37 per share in cash. The company expects the deal to close in the 3rd […]

Filed Under: Business/Financial News, Mergers & Acquisitions, Spine Tagged With: LDR Holding Corp., Zimmer Biomet

IPO: Spinal devices maker LDR Holding details $69M offering

October 10, 2013 By Arezu Sarvestani Leave a Comment

IPO: Spinal deivces maker LDR Holding details $69M offering

Texas-based spinal surgery devices maker LDR Holdings (NSDQ:LDRH) launched its planned initial public offering, through which the company hoped to sell its common stock for $15 apiece.

Filed Under: Funding Roundup, Initial Public Offering (IPO), News Well, Wall Street Beat Tagged With: LDR Holding Corp.

Texas spinal devices maker LDR Holding shoots for IPO of up to $69M

August 29, 2013 By Sony Salzman Leave a Comment

LDR Holding shoots for IPO

LDR Holding Corp. announced that it’s making a bid for its initial public offering, aiming to sell its stock on the NASDAQ global market under the stock ticker ‘LDRH’, according to a company statement.

The company Texas-based spinal device company did not disclose the number of shares or detailed pricing for the IPO, but filed for an offering of up to $69 million, SEC documents show.

Filed Under: Initial Public Offering (IPO), News Well, Spine, Wall Street Beat Tagged With: LDR Holding Corp.

FDA approves LDR’s cervical disc replacement device

August 9, 2013 By Sony Salzman Leave a Comment

FDA approves LDR's cervical disc replacement device

Austin, Tex.-based LDR landed its 1st FDA approval for its Mobi-C device, a cervical disc replacement for patients with degenerative disc disease.

The privately held company, which was founded in France but is headquartered in Texas, is marketing the product as better alternative to a last-resort procedure called anterior cervical discectomy fusion, which fuses the vertebra to ease painful symptoms of a herniated disk.

Filed Under: News Well, Orthopedics, Pre-Market Approval (PMA), Regulatory/Compliance, Spine Tagged With: LDR Holding Corp.

Amgen mourns death of founder George Rathmann | Personnel Moves

April 25, 2012 By MassDevice staff Leave a Comment

fired/hired

 Amgen mourns death of George Rathmann, founding CEO

Filed Under: News Well Tagged With: Amgen, Angeion Corp., Cantel Medical Corp., Digirad Corp., Encision Inc., LDR Holding Corp., Medical Action Industries Inc., Nephros, NovaSom, OmniGuide, Organovo, Orgenesis, Personnel Moves, Pro-Dex Inc., ReVision Optics Inc., Rockwell Medical Technologies, SafeStitch Medical, SANUWAVE Health Inc., SeraCare Life Sciences Inc.

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