Monday, July 16, 2007

Blackstone unit to buy DJO for $1.3 billion

(Reuters) - The deal will bring together DJO and medical device maker ReAble Therapeutics Inc., formerly known as Encore Medical. The companies make complementary orthopedic and pain-management products, DJO said.




A Blackstone affiliate is the controlling shareholder of ReAble. The affiliate will provide the equity financing for the deal.


Read more at Reuters.com Business News

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