MicroPort's purchase of OrthoRecon could be finalized next month

12/17/2013 | American City Business Journals

The Hong Kong Stock Exchange has given the go-ahead for MicroPort Medical's $290 million buyout of OrthoRecon, the hip- and knee-implant unit of Wright Medical. The clearance paves the way for MicroPort to conduct a shareholder meeting for the deal's approval on Jan. 3 and possibly complete the transaction by Jan. 9.

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