Symmetry Medical to sell orthopedic component business for $450 mln

Medical device maker Symmetry Medical Inc said it would sell its orthopedic device components business to privately held Tecomet Inc for $450 million. Symmetry Medical will transfer ownership of its remaining surgical instruments business to its shareholders as a new company. Shareholders will receive one share in the new company for every four Symmetry Medical shares held, the company said on ...



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