LENSAR Stock Plunges—Alcon Scraps Merger After Prolonged Regulatory Review

In March 2025, Alcon agreed to acquire the laser solutions company for $14.00 per share for an aggregate implied value of approximately $356 million.Alcon Terminates LENSAR MergerAlcon announced that it has agreed to terminate the merger agreement with LENSAR due to prolonged regulatory reviews that rendered the transaction unattractive.The CEO of Alcon, David Endicott, emphasized that the acquisition would have significantly enhanced innovation in cataract surgery but cited the Federal Trade Commission’s o ...