Benzinga | Oct 13, 2020 07:33AM EDT

Stryker Extends Cash Tender Offer For All Outstanding Shares Of Wright Medical

Kalamazoo, Michigan, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced today that Stryker B.V., an indirect, wholly owned subsidiary of Stryker, has extended the offering period of its previously announced cash tender offer for all outstanding ordinary shares of Wright Medical Group N.V. (NASDAQ:WMGI). The tender offer is being made pursuant to the purchase agreement, dated November 4, 2019, among Stryker, Stryker B.V. and Wright Medical.



The tender offer is now scheduled to expire at 5:00 p.m., Eastern Time, on October 28, 2020, unless the tender offer is further extended or earlier terminated in accordance with the purchase agreement.