you look at the timele of the merger with biomet.sy to understand why it could have a lot more upside. it goes back nearly two and a half years ago to april 2014 when the old zimmer holding the announced it would be acquiring b biomet. they were expanding their product line pretty dramatically, creating many more cross-selling opportunities and giving the company more leverage when it comes to negotiating prices with the hospitals. in fact, zimmer's own stock rallied 11% the day of the announcement. you know it's going to get a good deal. that's why from april 2014 to february 2015, zimmer's shares roared more than 30% higher, peaking at roughly 121. then the company started running into speed bumps. at this point, they briefed that the biomed deal would close in the first part of 2015. however, it took longer than expected to get approval from the ftc, and the merger didn't close until june of 2015. that meant those that people were excited about got ended up pushing back from last year to this year. they would have to push back the

. >> in the near future, the department hopes to use biomet ricks technology hooking officers up to machines and measuring their heart rates. >> they are hoping to use that information to help officers stay calm, cool, collected under high stress >>> we have rain around the state. we have a little bit trying to get in the valley. (jet engine reving up) you hear that? that's the sound of our summer sale firing up its engines with fares as low as 69 dollars one-way. so get ready to take off ... because sale prices as low as these r low fare now at southwest.com. low fares. nothing to hide. that's transfarency. (clap, clap, ding) >> reporter: we're still in triple digits but just barely. the winds have picked up a little bit, north, northeast at 15 miles an hour. 93 in surprise. 93 in cave creek. 99 degrees right now in ahwatukee. a little bit of rain coming down. you can see a little bit of active weather mostly across northern portions. you can see that stuff trying to sneak into the valley here. a little bit of virga meaning it is not reaching the ground. might be a sprinkle or two in some o

contrast that with a stock i like very much which is zimmer biomet.kr and tpg dumping 7.44 million shares. kkr -- >> that is a secondary, by the way. >> that's the true secondary. that is from selling shares. david, these p/e firms have been unloading stock, why they just aggressively come back, this stock had been at 133. a lot of people talking about a takeover name. dumb at 129.75. why do you think they are aggressive in selling the stocks? >> they have to. they have funds, the funds have timelines made investments have to start to return capital, put up the performance numbers to a certain extent to raise the next fund. that's the business model. >> well -- >> you can only hold off so long. >> own a stock they are in -- >> you have to be aware of p/e being a seller in the stocks and interestingly when they are done that can be a positive sign because there is no more supply following. >> and xp is a good example and semiconductor. >> did some secondaries and got them done. >> [ inaudible ]. >> it is. it's a question we often ask of people who are