ME Stock Alert: CEO Anne Wojcicki Enters $200 Million Buyout Offer for 23andMe

Core Viewpoint - 23andMe's co-founder, Anne Wojcicki, has proposed a $200 million deal to take the company private by offering 40 cents per share for ME stock, which aligns with its recent trading value [1][3]. Group 1 - The special committee of 23andMe is currently reviewing the offer and has engaged Wells Fargo for financial advice and Dechert LLP for legal counsel, emphasizing its commitment to act in the best interest of shareholders [2]. - The company's stock has been trading below $1 for nearly a year, putting it at risk of delisting from the Nasdaq Exchange, and going private could mitigate this risk [3]. - As of Friday morning, ME stock has increased by 1.1% but has seen a significant decline of 57.4% year-to-date [4].