Latest Porex Corporation Stories

2010-11-01 07:30:00

FAIRBURN, Ga., Nov. 1, 2010 /PRNewswire/ -- Porex Corporation ("Porex"), a portfolio company of Los Angeles-based investment firm Aurora Capital Group, today announced that it has sold its Porex Surgical division to Stryker Corporation ("Stryker") (NYSE: SYK). "This transaction allows us to focus on our core customers and technologies, and enhance our industry leadership. We support the largest and most innovative companies in the healthcare, bioscience, industrial and consumer sectors...

2010-10-29 15:00:00

KALAMAZOO, Mich., Oct. 29 /PRNewswire-FirstCall/ -- Stryker Corporation (NYSE: SYK) announced today the acquisition of privately-held Porex Surgical, a division of Porex Corporation. Porex Surgical is a developer, manufacturer and distributor of bioimplantable porous polyethylene products (PPE) for use primarily in reconstructive surgery of the head and face. Porex has a long history in the PPE market with strong brand recognition and considerable clinical data supported by approximately...

2009-10-20 07:41:00

LOS ANGELES, Oct. 20 /PRNewswire/ -- Aurora Capital Group ("Aurora"), a Los Angeles-based private equity firm with over $2.0 billion of assets under management, today announced that it has completed the acquisition of Porex Corporation ("Porex" or the "Company"), formerly a wholly owned subsidiary of HLTH Corporation (Nasdaq: HLTH), for $142 million in cash and senior secured debt. Gerald L. Parsky, Chairman of Aurora Capital Group, said, "We look forward to working with Porex's...

2009-09-21 07:00:00

LOS ANGELES, Sept. 21 /PRNewswire/ -- Aurora Capital Group ("Aurora"), a Los Angeles-based private equity firm with over $2.0 billion of assets under management, today announced that it has signed a definitive agreement with HLTH Corporation (Nasdaq: HLTH) to acquire its wholly owned subsidiary, Porex Corporation ("Porex" or the "Company"). The transaction is subject to the satisfaction of customary closing conditions and is expected to close in the fourth quarter of this year. Founded...

2009-09-18 06:35:00

ELMWOOD PARK, N.J., Sept. 18 /PRNewswire-FirstCall/ -- HLTH Corporation (Nasdaq: HLTH) today announced that it has entered into a definitive agreement to sell its Porex segment to affiliates of Aurora Capital Group, a Los Angeles based private equity firm, for $142 million. The closing is expected in the fourth quarter and is subject to customary closing conditions, including the expiration or termination of the waiting period under the Hart-Scott-Rodino Act. The purchase price of $142...

Word of the Day
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.