STAAR Surgical Revises Merger Agreement, Opens Go-Shop Period Amid Shareholder Backlash

STAAR Surgical has opened a 30-day "go-shop" period, allowing it to solicit rival offers amid shareholder revolt over the Alcon deal. The move comes after months of tension between STAAR, Alcon, and some of the company's largest shareholders, led by Broadwood Partners and Yunqi Capital. The go-shop could provide the first real opportunity for negotiations with potential bidders, including three parties that had previously approached STAAR.