
STAAR Surgical Says No 'Credible Buyer' During Go-Shop Process in Alcon Deal

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STAAR Surgical refuted Broadwood Partners' claims, stating no credible buyer emerged during the go-shop process for the Alcon merger. STAAR engaged with FountainVest, but they didn't sign a nondisclosure agreement before the period expired. A special stockholders meeting is set for Dec. 19 to vote on Alcon's increased offer. STAAR shares rose over 4%, while Alcon shares fell 1%.

