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DewDiligence

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DewDiligence

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Re: WorstLuck post# 209027

Tuesday, 02/14/2017 12:55:12 PM

Tuesday, February 14, 2017 12:55:12 PM

Post# of 251806
HOLX acquires CYNO for $66/sh in cash—a 28% premium to yesterday’s close:

http://finance.yahoo.com/news/hologic-acquire-cynosure-leader-medical-130000368.html

The nominal EV for the transaction is $1.44B.

CYNO makes lasers and radio-frequency devices for cosmetic procedures. It’s curious that deals to acquire ZLTQ (#msg-128649430) and CYNO were announced on successive days.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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