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WMGI > SEC Filings for WMGI > Form 8-K on 15-Jan-2014All Recent SEC Filings

Show all filings for WRIGHT MEDICAL GROUP INC



Completion of Acquisition or Disposition of Assets, Other Events, Financ

Item 2.01 Completion of Acquisition or Disposition of Assets.

On January 9, 2014, pursuant to the previously disclosed Asset Purchase Agreement, dated as of June 18, 2013 (the "Purchase Agreement"), by and among Wright Medical Group, Inc. (the "Company"), MicroPort Scientific Corporation, a corporation formed under the laws of the Cayman Islands ("MicroPort"), and MicroPort Medical B.V., a besloten vennootschap formed under the laws of the Netherlands, the Company completed its divesture and sale of its business operations operating under the OrthoRecon operating segment (the "OrthoRecon Business") to MicroPort. Pursuant to the terms of the Purchase Agreement, the Purchase Price (as defined in the Purchase Agreement) for the OrthoRecon Business was approximately $287.1 million, which MicroPort paid in cash.

Item 8.01 Other Events.

On January 9, 2014, the Company issued a press release announcing the completion of the transactions contemplated by the Purchase Agreement, which is attached as Exhibit 99.2 to this Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Unaudited Pro Forma Condensed Consolidated Financial Statements

99.2 Press Release of Wright Medical Group, Inc. dated January 9, 2014

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