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February 4, 2014
06:44 EDTARTC, SNNArthroCare unlikely to attract competing bid, NY Times columnist says
After British medical technology company Smith & Nephew (SNN) yesterday agreed to buy sports medicine specialist ArthroCare (ARTC) for $1.5B, New York Times columnist Quentin Webb doesn't expect ArthroCare to attract another bid. Smith & Nephew has more synergies with ArthroCare than other potential bidders, making a competing bid unlikely, the columnist explained. Reference Link
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