(Reuters) - The combined entity would operate in more than 20 countries
and have more than 3,300 employees, the companies said in a
joint release.
Under the deal, Cytyc shareholders would receive 0.52
shares of Hologic common stock and $16.50 in cash for each
share of Cytyc stock they own. That represents $44.46 per
share, or a 33 percent premium to Cytyc's share price, based on
the closing stock prices on Friday of both companies, they
said.
Read more at Reuters.com Mergers News
and have more than 3,300 employees, the companies said in a
joint release.
Under the deal, Cytyc shareholders would receive 0.52
shares of Hologic common stock and $16.50 in cash for each
share of Cytyc stock they own. That represents $44.46 per
share, or a 33 percent premium to Cytyc's share price, based on
the closing stock prices on Friday of both companies, they
said.
Read more at Reuters.com Mergers News
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