Hologic's proposed acquisition of Third Wave Technologies is progressing.
The Bedford, MA-based women's imaging vendor made a tender offer on June 18 for Third Wave common stock valued at $11.25 per share in cash. As of July 16, Third Wave shareholders had tendered approximately 45.2 million shares representing approximately 92% of the outstanding common stock of the Madison, WI, company.
A subsequent offering has begun for all remaining shares of Third Wave common stock from stockholders who have not yet tendered their shares. This period will expire on July 23.
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