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WMGI > SEC Filings for WMGI > Form 8-K on 6-Feb-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 February 5, 2014, Wright Medical Group, Inc. (the "Company") pursuant to the terms of that certain Agreement and Plan of Merger (the "Merger Agreement") with WMMS, LLC, a Utah limited liability company and direct wholly-owned subsidiary of the Company ("Merger Sub"), OrthoPro, L.L.C., a Utah limited liability company ("OrthoPro"), and OP CHA, Inc., solely in its capacity as agent for the OrthoPro security holders, completed the merger of Merger Sub with and into OrthoPro, thereby acquiring 100% of the outstanding equity of OrthoPro. In connection with the acquisition of OrthoPro, the Company paid $32.5 million in cash at closing. In addition, the Company will also pay up to $3.5 million upon the achievement of certain revenue milestones.

Item 8.01 Other Events.

On February 5, 2014, the Company issued a press release announcing the completion of the transactions contemplated by the Merger Agreement. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.
Exhibit Number   Description
      99.1       Press Release of Wright Medical Group, Inc. dated February 5, 2014.

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