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Zimmer to buy Biomet in $13.35 billion deal

(Reuters) - Medical device maker Zimmer Holdings Inc said it would buy orthopedic products company Biomet Inc in a deal valued at about $13.35 billion to broaden its portfolio of products that treat bone and joint-related disorders. Zimmer will pay $10.35 billion in cash and issue $3 billion in shares to Biomet shareholders. Biomet was taken private for $11.4 billion in 2007 by a private equity consortium including affiliates of Blackstone Group, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts & Co and TPG. Biomet was advised by BofA Merrill Lynch, Goldman Sachs, Cleary Gottlieb Steen & Hamilton LLP and Weil, Gotshal & Manges LLP.
Activists: Syrian airstrikes in north kill 18

FILE - In this Feb. 11, 2014 file photo released by the Syrian official news agency SANA, supporters of Syrian President Bashar Assad, hold up his portraits as they march during a demonstration is solidarity with government forces, in the al-Inshaat neighborhood of Homs, Syria. A Syrian lawmaker on Wednesday registered his candidacy for the June 3 presidential election, becoming the first contender in the June 3 vote that will held in the midst of the country’s civil war and has already been dismissed by the West as a farce. President Bashar Assad has suggested he would seek another term in office but has not yet announced his candidacy. (AP Photo/SANA, File)BEIRUT (AP) — Syrian government airstrikes targeted a vegetable market in a rebel-held town in the northern Aleppo province on Thursday, killing at least 18 people and wounding scores of others, opposition activists said.



HBO's John Oliver recognizes debt to Jon Stewart

This undated image released by HBO shows host John Oliver of "Last Week Tonight with John Oliver," airing Sundays at 11 p.m. EDT. (AP Photo/HBO)NEW YORK (AP) — When the time comes for a young bird to leave the nest, he's often more than ready to go and doesn't care too much what Papa Bird thinks.



Teen Chinese golfer getting used to attention

SHENZHEN, China (AP) — One year after his stunning debut at the Masters, Chinese 15-year-old golfer Guan Tianlang is growing accustomed to being in the spotlight.
U.S. vows to help Libya tackle "rising violent extremism"

First Deputy President of Libya's General National Congress Ezzedine Muhammad Yunus al-Awami meets with U.S. Deputy Secretary of State William Burns at the headquarters of the National General Congress in TripoliU.S. Deputy Secretary of State William Burns on Thursday promised Libya more U.S. help against extremist violence, saying the country could not achieve political or economic stability without tackling its security challenges. Libya's weak central government is struggling to assert its authority against militias and armed tribesmen who helped oust Muammar Gaddafi in a 2011 NATO-backed uprising. "Rising violent extremism is an enormous challenge first for Libya but also for Libya's international partners," Burns told a news conference after talks in the capital Tripoli.





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