Why Hillenbrand Stock Skyrocketed Today

Group 1 - Hillenbrand's stock price increased over 18% following the announcement of its acquisition, significantly outperforming the S&P 500's 0.4% rise [1] - The company has signed a definitive agreement for a buyout valued at approximately $3.8 billion, with a cash purchase price of $32 per share [2][6] - The acquisition price represents a 37% premium over Hillenbrand's closing share price on August 12, indicating a strong return for shareholders [3] Group 2 - Upon completion of the buyout, Hillenbrand will be delisted from the NYSE and will no longer be publicly traded, with the transaction expected to close by the end of the first calendar quarter of 2026, pending shareholder and regulatory approvals [4]