Five things to know:
1. The offering will now expire Aug. 31.
2. As of June 26, about 8.1 percent of Wright Medical outstanding ordinary shares had been tendered pursuant to the offering and not properly withdrawn.
3. Additionally, about 0.9 percent of outstanding ordinary shares were tendered pursuant to guaranteed delivery procedures.
4. The offering will continue to be extended until all conditions are satisfied or waived.
5. In April, Wright Medical shareholders gave conditional approval to sell assets to a Stryker subsidiary for $5.4 billion, which includes equity and debt.
More articles on devices:
19 spine facilities opening in 2020
153+ ASCs with spine surgery | 2020
DePuy Synthes, AO Foundation extend 60-year orthopedic partnership
