The medical device segment has long been one of consolidation and mergers. The incredibly intense competition within a field that is growing exponentially as the global population ages almost makes it a requirement. The Federal Trade Commission (FTC) is already in chambers considering the Zimmer Holdings Inc. (NYSE: ZMH) $13.35 billion deal to merge with Biomet. The European Union has already said they will have a decision on the deal by July 9.
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