DJO shareholders to decide ReAble merger on Nov. 6

By Angela McDaniels

Seattle, Oct. 9 - DJO Inc. will hold a special meeting of shareholders at the company's headquarters at 5 p.m. ET on Nov. 6, according to a schedule 14A filing with the Securities and Exchange Commission.

Shareholders will vote on the merger agreement between DJO and ReAble Therapeutics LLC, which is an affiliate of the Blackstone Group.

Under a July 16 merger agreement, a ReAble affiliate will acquire all outstanding shares of DJO's common stock for $50.25 each. The transaction is valued at $1.6 billion including debt and is expected to close in the fourth quarter.

Vista, Calif.-based DJO specializes in rehabilitation and regeneration products for the non-operative orthopedic, spine and vascular markets.

ReAble, located in St. Louis, manufactures and distributes orthopedic devices for musculoskeletal conditions resulting from degenerative diseases, deformities, traumatic events and sports-related injuries.

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