Latham Reps DJO In $254M Dr. Comfort Acquisition

Law360, New York (March 15, 2011, 4:32 PM EDT) -- California-based medical device company DJO Global Inc. said Tuesday that one of its indirect subsidiaries has agreed to buy Wisconsin-based Rikco International LLC, a therapeutic footwear provider that does business as Dr. Comfort, for about $254.6 million.

The subsidiary has inked a definitive agreement to acquire Dr. Comfort for about $254.6 million in cash, DJO said.

The companies said they expect the transaction to close within 30 to 45 days, subject to customary governmental approvals and closing conditions.

To finance the acquisition, DJO subsidiary DJO Finance...
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