Alphatec (NSDQ:ATEC) said it’s on the hook for nearly $48 million after a California state jury found that 1 of its subsidiaries undervalued assets during an acquisition in Europe.
Alphatec (NSDQ:ATEC) said it plans to cut 76 positions from a pair of French subsidiaries, in amove it expects to save between $2 million and $6 million a year.