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Arthrocare Announces Agreement With One Equity Partners For $75 Million Investment

By TechAgreements

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AUSTIN, TEXAS – August 17, 2009 – ArthroCare Corp. (Pink Sheets: ARTC.PK) today announced that it has entered into an agreement with One Equity Partners (OEP), the global private equity investment arm of JPMorgan Chase & Co., whereby OEP will purchase $75 million of newly-issued ArthroCare Series A Convertible Preferred Stock. ArthroCare intends to use the proceeds to repay the Company's existing.

Full post as published by TechAgreements on August 17, 2009 (boomark / email).

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