Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Natus Medical Stock Surged Today

TheMotleyFool

0 0

Shares of Natus Medical (NASDAQ: NTUS) jumped 28.6% on Monday after the healthcare device maker struck a deal to be acquired by an affiliate of investment firm ArchiMed.

The deal values Natus at roughly $1.2 billion. If completed, shareowners would receive $33.50 in cash for each Natus share they own. That's 29% above the stock's closing price on Thursday.

Natus chairman Joshua Levine said in a press release, "The sale of Natus to ArchiMed will provide our shareholders with immediate and substantial cash value, as well as a compelling premium, and the board has unanimously agreed that this transaction is in the best interests of our shareholders."

Source Fool.com

Like: 0

NTUS

Share