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Stock impact report

Pappas Capital sells Rotation Medical to Smith & Nephew [Reuters]

Smith & Nephew SNATS, Inc. (SNN) 
Last smith & nephew snats, inc. earnings: 8/1 04:05 pm Check Earnings Report
US:NYSE Investor Relations: smithoptics.com
Company Research Source: Reuters
| Pappas Capital sells Rotation Medical to Smith & Nephew US Edition (daily) Canada Edition (weekly) I accept the Terms and Conditions Smith & Nephew plc has acquired Plymouth, Minnesota-based Rotation Medical, a developer of treatments for rotator cuff disease, for an initial cash consideration of $125 million. The seller was Pappas Capital. Smith & Nephew plc has acquired Plymouth, Minnesota-based Rotation Medical, a developer of treatments for rotator cuff disease, for an initial cash consideration of $125 million. The seller was Pappas Capital. PRESS RELEASE RESEARCH TRIANGLE PARK, N.C., Dec. 6, 2017 /PRNewswire/ — Pappas Capital, a life science venture capital firm, announced today that its portfolio company Rotation Medical Inc. has been acquired by Smith & Nephew plc, a UK-based global medical technology company. Smith & Nephew acquired the company for $125 million in initial cash consideration, plus an additional $85 million in potential milestone payments. Rotat Show less Read more
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