Brief: Seaspine- Orthofix Received Indication Of Interest From Two Private Equity Fund Sponsors To Acquire Outstanding Equity For $23.00/ Share In Cash

Orthofix Medical

30/11/2022 22:42

Nov 30 (Reuters) - SeaSpine Holdings Corp  SPNE.O :
    * SEASPINE- ORTHOFIX RECEIVED INDICATION OF INTEREST FROM
TWO
PRIVATE EQUITY FUND SPONSORS TO ACQUIRE OUTSTANDING EQUITY FOR
$23.00/ SHARE IN CASH
    * SEASPINE- ORTHOFIX BOARD ENGAGED IN A COMPREHENSIVE AND
THOROUGH
REVIEW AND EVALUATION OF  INDICATION OF INTEREST ORTHOFIX
RECEIVED
    * SEASPINE- ORTHOFIX BOARD UNANIMOUSLY DETERMINED SEASPINE
MERGER
TRANSACTION CONTINUES TO BE IN THE BEST INTERESTS OF ORTHOFIX
AND ITS STOCKHOLDERS
    * SEASPINE - ORTHOFIX REAFFIRMS TO STOCKHOLDERS
RECOMMENDATION IN
FAVOR OF SEASPINE MERGER TRANSACTION, REMAINS COMMITTED TO
COMPLETING TRANSACTION WITH SEASPINE

Source text for Eikon:  ID: 
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