PhenomeX Announces Commencement Of Cash Tender Offer By Bruker For $1.00 Per Share
Portfolio Pulse from Benzinga Newsdesk
PhenomeX has announced the commencement of a cash tender offer by Bruker for $1.00 per share. This offer is being made pursuant to the previously announced merger agreement between PhenomeX and Bruker entered into on August 17, 2023.
September 05, 2023 | 8:05 pm
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Bruker has commenced a cash tender offer for PhenomeX shares at $1.00 each, as part of their previously announced merger agreement.
The news directly pertains to Bruker as they are making a cash tender offer for PhenomeX shares. This could potentially impact their financials depending on the acceptance of the offer by PhenomeX shareholders. However, the short-term price direction is uncertain as it could depend on various factors including market sentiment and the perceived value of the merger.
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