GAINESVILLE, Fla.–(BUSINESS WIRE)–With the goals of increasing productivity, enhancing profitability of
its worldwide business, and strengthening its focus on core
competencies, Exactech, Inc., (Nasdaq: EXAC), a developer and producer
of bone and joint restoration products for extremities, hip, knee and
spine, has announced the restructuring of its Spine and Biologics
business segment including the divestiture of its spine products
business and restructuring charges related to international operations.
The divestiture was executed through a spine asset sale today to
ChoiceSpine, a private enterprise headquartered in Knoxville, TN. Terms
of the transaction wer…
Read the full article at: http://www.businesswire.com/news/home/20170131006317/en/Exactech-Announces-Divestiture-Spine-Assets-Restructuring-Charges