Tornier to merge with Wright Medical Group
October 28, 2014 at 17:19 PM EDT
Tornier
(Nasdaq: TRNX) will merge with Wright Medical Group Inc. (Nasdaq: WMGI)
in
an all stock deal valued at approximately $3.3 billion. Shares of
Tornier leaped $3.81 to close at $27.86 while Wright Medical Group stock
eased 30 cents to close at $31.34.