Rumored to be Near an Offer for Smith & Nephew Inc., Stryker Picks Up Hospital Bed Maker CHG

Stryker (NYSE:SYK), as expected, opened 2015 with the acquisition of a British company, just not the 1 most anticipated by observers.

The Kalamazoo, Mich.-based medical device giant is rumored to be near an offer for British rival Smith & Nephew (FTSE:SN, NYSE:SNN). But today Stryker said it picked up privately held CHG Hospital Beds for an undisclosed amount.

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