Hologic's Trading Volume Surges 889% to $1.215 Billion Ranking 60th in Market Activity Amid $16 Billion Takeover Bid

Generated by AI AgentAinvest Volume Radar
Tuesday, May 27, 2025 8:25 pm ET1min read

On May 27, 2025, Hologic's trading volume reached $1.215 billion, marking an 889.32% increase from the previous day, ranking 60th in the day's stock market activity.

(HOLX) rose by 14.54%.

Hologic Inc. has reportedly turned down a $16 billion offer from private equity firms

and Blackstone Inc. to take the medical equipment manufacturer private. The offer, which was non-binding, valued the company at between $16.3 billion and $16.7 billion, including debt. This valuation would have priced Hologic's shares at between $70 and $72, significantly higher than its closing price on Friday. Despite the rejection, there remains a possibility that deal talks could resume in the future. Neither Hologic, TPG, nor Blackstone have publicly commented on the offer or its rejection.

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