The Federal Trade Commission (FTC) has completed its antitrust
review of the planned acquisition by dj Orthopedics’ (NYSE: DJO) of
Aircast Incorporated and will permit the transaction to go forward,
dj Orthopedics announced. On February 27 2006, dj Orthopedics,
Vista, California, announced that it had signed a definitive
agreement to purchase Aircast Incorporated, based in Summit, New
Jersey, from its stockholders, including majority owner Tailwind
Capital, for approximately $290 million in cash. With the FTC
review complete, the company said it expects the transaction to
close in the near future, subject to certain other customary
closing conditions.
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