Mako Bulks Up Surgical Biz Before $1.7B Stryker Takeover
Mako will buy all of the design and manufacturing businesses of Pipeline Biomedical Holdings Inc., a New Jersey-based venture-backed portfolio of high-end medical devices. Mako will use a $2.5 million credit from a previous investment in Pipeline and will issue about 4 million shares of stock.
All in, the deal is...
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