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Zimmer to buy Biomet in $13.35 bln deal
April 24, 2014 / 11:20 AM / 3 years ago

Zimmer to buy Biomet in $13.35 bln deal

April 24 (Reuters) - Medical device maker Zimmer Holdings Inc said it would acquire orthopedic products company Biomet Inc in a deal valued at about $13.35 billion.

Zimmer will pay $10.35 billion in cash and issue $3 billion in shares to Biomet shareholders. (Reporting by Esha Dey in Bangalore; Editing by Saumyadeb Chakrabarty)

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