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Stryker Announces Definitive Agreement to Acquire MAKO Surgical Corp. for $1.65 Billion (Stryker Corporation)

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(Source: Stryker Corporation) Stryker Announces Definitive Agreement to Acquire MAKO Surgical Corp. for $1.65 Billion Kalamazoo, Michigan - September 25, 2013 - Stryker Corporation (NYSE:SYK) announced today a definitive agreement to acquire MAKO Surgical Corp. (MAKO) for $30.00 per share with an aggregate purchase price of approximately $1.65 billion. This transaction contemplates the issuance by MAKO of an additional 3.953 million shares in connection with an anticipated acquisition which Stryker expects MAKO will consummate as part of MAKO's normal course of business. Founded in 2004, MAKO has pioneered the advancement of robotic assisted surgery in orthopedics. MAKO currently markets...

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