Stryker Emerges As Buyer Of Howmedica; $1.9 Bil. Price Includes Heavy Debt
This article was originally published in The Gray Sheet
Executive Summary
Stryker's $1.9 bil. acquisition of Pfizer's Howmedica division will allow the firm to more quickly and efficiently penetrate the $10 bil. worldwide orthopedics market with new product introductions slated for release beginning in the year 2000, the company says.