The company’s stock rose 11 percent, the report said. According to Seeking Alpha, the company is working with an unknown bank in response to inbound takeover interest.
ZimVie has a market cap of $287 million. The company plans to report it second quarter financial results in early August.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
