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Stryker Pays $2.78B For Medical Device Maker Sage Products

By Benjamin Horney ( February 1, 2016, 11:30 AM EST) -- Medical device manufacturer Stryker Corp. has agreed to buy Illinois-based peer Sage Products LLC from private equity firm Madison Dearborn Partners for $2. 78 billion, the companies said Monday, in a move that bolsters Stryker's ability to offer prevention-based treatments and services. . . .

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