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Stock impact report

Henry Schein (HSIC) Buys TriMed to Expand in Orthopedic Space [Yahoo! Finance]

Henry Schein, Inc. (HSIC) 
Last henry schein, inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Integration of TriMed's business will help the company to provide a wider range of surgical solutions to the existing Integrated Delivery Networks and Ambulatory Surgery Center customers. This will strengthen HSIC's long-standing relationship with them. Headquartered in Santa Clarita, CA, TriMed is a global developer of solutions for the orthopedic treatment of lower extremities (foot and ankle) and upper extremities (primarily hand and wrist). The latest development aligns with Henry Schein's long-standing strategy of investing in high-growth market opportunities. Financial Implications The deal, initiated in December 2023, is projected to be neutral to non-GAAP earnings per share in 2024 and accretive thereafter. Strategic Synergy Collaboration with TriMed will offer Henry Schein a platform to position itself as a prominent producer and supplier in the orthopedic market's Foot and Ankle, Hand and Wrist extremity sectors. HSIC believes that the skilled leadership team is Show less Read more
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