Integra LifeSciences Holdings Corporation IART, +0.55% today announced that Keith Valentine, Chief Executive Officer of SeaSpine, will join Integra to present at the 2015 UBS Global Healthcare Conference.
Glenn Coleman, Integra’s Chief Financial Officer and Mr. Valentine will present at 10:30AM ET on Monday, May 18, 2015. This presentation will be webcast.
About the Spin-Off
On November 3, 2014, the Company announced that it plans to spin off its orthobiologics and spinal fusion hardware business into a standalone public company. The spin-off is expected to take the form of a distribution that will be tax-free, except for cash received in lieu of fractional shares, to Integra shareholders of a new publicly traded stock in SeaSpine Holdings Corporation. The spin-off is expected to be completed in the third quarter of 2015, subject to certain customary conditions, including declaration by the SEC of the effectiveness of the Form 10, confirmation of the tax-free nature of the transaction and final approval of the spin-off by Integra’s Board of Directors.
