Axogen (NASDAQ:AXGN) rose after a report that the company is exploring a possible sale after receiving takeover interest.
The company received interest from a strategic buyer for $18 a share, according to a StreetInsider report on Tuesday, which cited an unidentified source. Axogen (NASDAQ:AXGN) is working with Centerview to evaluate the bid and may solicit interest from other parties.
The process is still in its early stages and no deal may come to fruition, according to the report.
Axogen and Centerview didn't respond to request for comment.
https://www.msn.com/en-us/money/topstocks/axogen-gains-on-report-of-takeover-interest/ar-AA1JwyiP
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.