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Stock Market & Financial Investment News

News Breaks
June 30, 2014
08:11 EDTSYKStryker to acquire assets of Small Bone Innovations for up to $375M cash
Stryker announced a definitive agreement to acquire assets of Small Bone Innovations in an all cash transaction for up to $375M. The net cost to Stryker after taking into account the present value of the tax benefits as a result of the asset purchase structure will be up to $285M. Upon closing, the transaction is expected to be 2c dilutive to Stryker's FY14 EPS excluding acquisition, integration-related and intangible amortization charges. The transaction is expected to close in Q3.
News For SYK From The Last 14 Days
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November 26, 2014
07:21 EDTSYKSmith & Nephew could attract GBP14 per share takeover bid, says Bernstein
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November 24, 2014
11:25 EDTSYKStryker, Smith & Nephew rise after reports of renewed bid
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09:05 EDTSYKStryker weighing renewed Smith & Nephew bid, Bloomberg reports
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08:46 EDTSYKStryker weighing renewed Smith & Nephew bid, Bloomberg reports
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07:46 EDTSYKPfizer seen set to move on from AstraZeneca as restrictions lift, Telegraph says
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November 21, 2014
09:27 EDTSYKRumors of Smith & Nephew bid from Stryker intensify, Daily Mail says
Shares of Smith & Nephew (SNN) rallied in U.K. trading amid "intensified" rumors that Stryker (SYK) will make a GBP 13B plus bid for its rival when its Takeover Panel restrictions are removed at month end, according to The Daily Mail's "This is Money." Reference Link

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