Even though it is the buyer, Zimmer shares rose more than 17 percent in morning trading Thursday.
Excluding one-time items, GM made 29 cents per share, far above Wall Street estimates of 3 cents per share. Shares rose 3.7 percent to $35.66 in premarket trading.
Two of what have been called Warsaw's “big three” orthopedic companies announced today plans to become one in a more than $13 billion deal that would have Zimmer Holdings Inc. acquiring Biomet.

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