TPG Sweetens Deal For Medical Device Co. Exactech To $737M

Law360, New York (December 4, 2017, 6:26 PM EST) -- Florida-based Exactech Inc. on Monday said that private equity giant TPG Capital raised its offer price for the orthopedic implant device maker in a deal now valued at $737 million, just weeks after the companies agreed to a tie-up valued at $625 million.

Under the revised deal, Exactech said that TPG will pay $49.25 for each of its shares, a roughly 17.3 percent increase from the original $42 per share price the pair agreed to in late October.

Exactech said that its board has approved the revised...
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