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Wright Medical Group, Inc. (WMGI) May Have M&A Target on Its Back After MAKO Surgical Corp. (MAKO) Deal



10/4/2013 8:31:03 AM

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Wright Medical Group Inc. (WMGI)’s chances of becoming the next target in orthopedic surgery may be increasing after Mako Surgical Corp. (MAKO) last week received one of the industry’s fattest takeover premiums. Wright, a $1.2 billion maker of ankle replacements as well as implants to fix hammertoe, a deformity of the toe joint, is a prime acquisition target because of its growth prospects, Summer Street Research Partners said. Wright’s sales are projected to top $600 million by 2017, up more than 150 percent from this year, according to analysts’ estimates compiled by Bloomberg.

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