Posted: Sunday, February 3, 2013 12:00 am
Updated: 5:13 pm, Tue Mar 25, 2014.
British medical technology company Smith & Nephew plans to buy U.S. medical device maker ArthroCare in a $1.5 billion deal that it says will strengthen its sports medicine business.
Smith & Nephew said Monday it will pay $48.25 in cash for each share of ArthroCare Corp., which is based in Austin, Texas.
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Sunday, February 3, 2013 12:00 am.
Updated: 5:13 pm.