NuVasive (NUVA) announced that proxy advisory firm Institutional Shareholder Services recommends that shareholders vote for the shareholder proposal to adopt the merger agreement with Globus Medical (GMED) at the upcoming special meeting of shareholders scheduled for April 27. "The merger "appears to have strategic merit, as the combined company will have increased scale with a complementary product portfolio and geographic footprint and addresses key strategic areas of focus for NUVA, including the lack of a robotics platform and an outsized cost structure," ISS stated in its report, according to NuVasive.
Published first on TheFly
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