Replies to post #215789 on Biotech Values

[DewDiligence]

SYK acquires KTWO for $27.50/sh in cash—a 26% premium to yesterday’s close:

https://finance.yahoo.com/news/stryker-announces-definitive-agreement-acquire-120101766.html

The nominal deal value is $1.40B. KTWO closed right at the buyout price today, suggesting that some investors expect a better offer to emerge.