Precision Spine Acquires Spinal USA, Precision Medical for $72M

Precision Spine has purchased Spinal USA and Precision Medical of Mississippi in a transaction valued at approximately $72 million.

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Precision Spine recognized the significant industry presence built by Spinal USA and Precision Medical and intends to build upon and expand that presence. The company plans to continue the growth fueled by the 2011 releases of the Vault Stand Alone ALIF System and the S-LOK PC Posterior Cervical System and aims to offer several additional new products in the second half of 2012.

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