U.S. Stock Movement | Blackstone Rises Nearly 3%, Renewing Interest in Acquiring Medical Diagnostics Company Hologic
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On Thursday, Blackstone rose nearly 3%, closing at $188.90. According to informed sources, Blackstone and TPG have rekindled their interest in acquiring the medical diagnostics company Hologic, which could become one of the largest healthcare privatization deals of the year. Hologic CEO Steve MacMillan's compensation terms and the recent decline in stock prices may be incentives for the sale. Informed sources indicate that both parties are currently conducting due diligence and a deal is not expected to be reached within the next month
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