M&A Update: Usana volatility low into $26 buyout offer
Posted May 13th 2008 9:35AM by Paul Foster
Filed under: Deals, Engagements, Shareholders, Public or private?
Usana Health Sciences (NASDAQ: USNA) closed yesterday at $20.83. This morning, Gull Holdings announced its intention to make an offer to USNA shareholders to acquire all of the outstanding shares of USNA for $26 cash.
USNA is a developer & manufacturer of nutritional and personal care products. The stock is up 22% today on the acquisition news.
M&A Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
Tags: Usana, USNA
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