Biomet Newswire

Comprehensive Real-Time News Feed for Biomet.

Results 1 - 20 of 63 in Biomet

  1. Zimmer Extends Termination Date for Biomet DealRead the original story w/Photo

    Monday Apr 13 | Wall Street Journal

    Zimmer Holdings Inc. said Monday the termination date for its pending $13.4 billion merger with Biomet Inc. has been extended to July 23. The terms of the merger agreement allowed for either party to extend the termination date, or "outside date," for an additional 90 days if regulatory clearances were yet to be obtained.

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  2. Zimmer extends outside date for Biomet acquisitionRead the original story

    Monday Apr 13 | Journal Gazette

    Zimmer Holdings Inc. on Monday announced it has extended the outside date for completing its acquisition of rival Biomet Inc. to July 23 from April 24. Terms of the agreement allowed for the date to be extended by 90 days if required regulatory approval was still pending.

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  3. Zimmer Announces Extension of Outside Date for the Pending Biomet MergerRead the original story

    Monday Apr 13 | Freshnews

    Zimmer Holdings, Inc. announced today that the "outside date" for completing the proposed merger pursuant to the Agreement and Plan of Merger , dated April 24, 2014, among Zimmer, Owl Merger Sub, Inc. and LVB Acquisition, Inc., the parent company of Biomet, Inc. , has been extended from April 24, 2015 to July 23, 2015. The terms of the Merger Agreement allowed either party to extend the outside date for an additional 90 calendar days if necessary regulatory clearances under the applicable antitrust laws of certain jurisdictions, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, have not been obtained.

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  4. Biomet sales fall 3% in quarterRead the original story

    Thursday Apr 9 | Journal Gazette

    Biomet Inc. today reported fiscal third-quarter net sales of $801 million, a 3 percent decrease from the $823 million posted for the prior year's third quarter.

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  5. Biomet Sales Fall on Currency HeadwindsRead the original story w/Photo

    Thursday Apr 9 | Wall Street Journal

    Biomet Inc. said revenue fell 2.5% in its February quarter due to a stronger dollar, which lead to sales declines in nearly all its geographic regions and product segments.

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  6. Biomet sales fall, hurt by strong dollarRead the original story w/Photo

    Thursday Apr 9 | MarketWatch

    Biomet Inc. said revenue fell 2.5% in its February quarter due to a stronger dollar, which lead to sales declines in nearly all its geographic regions and product segments. The Warsaw, Ind., manufacturer of artificial knees and hips, among other orthopedic devices, agreed last year to be acquired by rival Zimmer Holdings Inc. for about $13.35 billion in cash and stock, a bid to position the combined company as a leader in making products to repair muscles and bones.

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  7. Biomet, Inc. Announces Fiscal Year 2015 Third Quarter Conference CallRead the original story

    Thursday Apr 2 | Business Wire

    )--Biomet, Inc. announced today that in conjunction with its Fiscal 2015 Third Quarter release, you are invited to participate in the conference call on Thursday, April 9, 2015 at 4:00 p.m. Eastern. This brief call will primarily reiterate key ...

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  8. European Commission clears Zimmer's proposed acquisition of BiometRead the original story w/Photo

    Monday Mar 30 | Medical News

    Zimmer Holdings, Inc. announced today that the European Commission has conditionally cleared Zimmer's proposed acquisition of Biomet, Inc. . The EC's clearance is conditioned upon Zimmer entering into agreements with a suitable buyer to divest certain assets comprising the remedy package previously submitted to the EC.

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  9. EU Approves Biomet-Zimmer MergerRead the original story w/Photo

    Monday Mar 30 | Wall Street Journal

    Zimmer Holdings Inc. secured approval in the European Union for its $13 billion acquisition of fellow orthopedic-device maker Biomet Inc. after agreeing to sell three businesses in Europe to assuage antitrust concerns. Zimmer Holdings agreed in April last year to buy Biomet for about $13.4 billion, in a bid to position the combined company as a leader in making products to repair muscles and bones.

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  10. The Wall Street Journal: EU approves $13 billion Biomet-Zimmer mergerRead the original story w/Photo

    Monday Mar 30 | MarketWatch

    Zimmer Holdings Inc. secured approval in the European Union for its $13 billion acquisition of fellow orthopedic-device maker Biomet Inc. after agreeing to sell three businesses in Europe to assuage antitrust concerns. agreed in April last year to buy Biomet for about $13.4 billion, in a bid to position the combined company as a leader in making products to repair muscles and bones.

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  11. Biomet FCPA Announcement Highlights Distributor-Related RisksRead the original story w/Photo

    Friday Mar 27 | JD Supra

    Last week, Biomet Inc. announced in a filing with the U.S. Securities and Exchange Commission that instead of its 2012 deferred prosecution agreement with the U.S. Department of Justice regarding violations of the U.S. Foreign Corrupt Practices Act expiring this week, the company would be monitored under it for an additional year. While the announcement is getting attention for a variety of reasons, one of the most important lessons companies can take away from it is that distributor conduct appears to have triggered the additional scrutiny.

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  12. Zimmer advances on Biomet dealRead the original story

    Thursday Mar 26 | Journal Gazette

    Zimmer Holdings Inc. on Wednesday announced that the Japan Fair Trade Commission has granted clearance for the Warsaw company's proposed acquisition of Biomet Inc., a rival orthopedic devices manufacturer.

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  13. Zimmer gets go ahead to acquire BiometRead the original story w/Photo

    Wednesday Mar 25 | Journal Gazette

    Zimmer Holdings Inc. on Wednesday announced that the Japan Fair Trade Commission has granted clearance for the Warsaw-based company's proposed acquisition of Biomet Inc., a rival orthopedic devices manufacturer.

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  14. Vesselon Announces Jon Serbousek to Serve as Chairman of the Board of...Read the original story w/Photo

    Mar 11, 2015 | PRWeb

    ... in globally commercializing new medical technologies during his tenure at major medical device companies, such as Biomet, Medtronic and DePuy, will be extremely important to us as we progress. We are pleased to have him join us on our mission to ...

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  15. Zimmer revises plan for BiometRead the original story w/Photo

    Feb 11, 2015 | Journalgazette.net

    Zimmer Holdings Inc. on Tuesday announced it has submitted a revised plan to European regulators for its proposed $13.35 billion acquisition of rival Biomet Inc. Both orthopedics manufacturers are headquartered in Warsaw. In December, Zimmer said it was willing to sell one elbow and two knee product brands in Europe to get a green light on the deal.

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  16. Suspect in court after three UNC students were fatally shotRead the original story w/Photo

    Feb 11, 2015 | WTHR-TV Indianapolis

    ... as managing editor and anchor of NBC Nightly News for six months without pay. Dane Miller was one of four founders of Biomet, whose global headquarters are in Warsaw. He served as CEO of the company from 1977-2006. Dane Miller was one of four ...

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  17. Social media threat prompts lockdown at HSE schools and Promise Road ElementaryRead the original story w/Photo

    Feb 11, 2015 | WTHR-TV Indianapolis

    ... as managing editor and anchor of NBC Nightly News for six months without pay. Dane Miller was one of four founders of Biomet, whose global headquarters are in Warsaw. He served as CEO of the company from 1977-2006. Dane Miller was one of four ...

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  18. Rolled semi blocks northbound I-65 near SR 267 in Boone CountyRead the original story w/Photo

    Feb 11, 2015 | WTHR-TV Indianapolis

    ... as managing editor and anchor of NBC Nightly News for six months without pay. Dane Miller was one of four founders of Biomet, whose global headquarters are in Warsaw. He served as CEO of the company from 1977-2006. Dane Miller was one of four ...

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  19. Jogger attacked in Fishers Sunblest neighborhoodRead the original story w/Photo

    Feb 10, 2015 | WTHR-TV Indianapolis

    ... as managing editor and anchor of NBC Nightly News for six months without pay. Dane Miller was one of four founders of Biomet, whose global headquarters are in Warsaw. He served as CEO of the company from 1977-2006. Dane Miller was one of four ...

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  20. Hundreds of kids receive dental care at Pacers, Fever eventRead the original story w/Photo

    Feb 10, 2015 | WTHR-TV Indianapolis

    ... as managing editor and anchor of NBC Nightly News for six months without pay. Dane Miller was one of four founders of Biomet, whose global headquarters are in Warsaw. He served as CEO of the company from 1977-2006. Dane Miller was one of four ...

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