Blackstone, TPG plan to take Hologic private in a deal worth more than $13 billion
Private equity firms Blackstone (BX) and TPG (TPG) will spend more than $13 billion to buy women’s health specialist Hologic. The companies said Tuesday they will pay up to $79 for each Hologic share in a deal that takes the company private. Shares of Hologic (HOLX) rose after markets opened Tuesday. The companies said the price represents a premium of about 46% to the stock’s closing price in late May, before media reports surfaced about a possible deal. The terms include $76 in cash for each share plu ...