Zimmer Holdings has announced that its bid to acquire Orthosoft has been successful and it expects to close the transaction by early November.
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A total of 41,509,214 common shares were deposited by shareholders of Orthosoft. This represents, with shares held by Zimmer or its affiliates, 91.31% of the 52,392,755 outstanding Shares.
Zimmer intends to maintain Orthosoft’s current operations in Montreal and will integrate the company with Zimmer’s Computer Assisted Solutions (CAS) organization.
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