M&A
confidence high
sentiment positive
materiality 0.85
Stryker agrees to acquire Vocera Communications for $79.25 per share in cash
STRYKER CORP
- Stryker to acquire Vocera Communications for $79.25 per share in cash via tender offer and merger.
- Vocera board unanimously recommends that stockholders tender shares into the offer.
- Offer subject to majority tender, HSR clearance, absence of material adverse effect and other conditions.
- Termination fee of $108.7 million payable by Vocera under specified circumstances.