04:46 PM EST, 01/17/2025 (MT Newswires) -- Stryker (SYK) said late Friday it has launched a cash tender offer to buy all outstanding common shares of Inari Medical ( NARI ) for $80 apiece.

The offer being made through Stryker's Eagle 1 Merger Sub unit is in accordance with the two companies' previously-announced merger agreement.

The offer will expire on Feb. 18 unless extended, Stryker said.