U.K. Regulators OK Smith & Nephew Inc.'s $1.7 Billion ArthroCare Corporation Buy

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Anti-trust regulators in the U.K. give the green light to Smith & Nephew's $1.7 billion acquisition of ArthroCare. British anti-trust regulators approved the $1.7 billion acquisition of ArthroCare (NSDQ:ARTC) by Smith & Nephew (FTSE:SN, NYSE:SNN), ArthroCare said yesterday, clearing the way for a closing by May 29. The U.K.'s Competition and Markets Authority granted "unconditional clearance" for the merger yesterday, ArthroCare said in a regulatory filing.

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