Private equity firm GTCR acquires Surmodics for $627m in cash, delisting it from Nasdaq.

Private equity firm GTCR acquires medical tech firm Surmodics for $627m, or $43 per share in cash. Surmodics' board unanimously approves the deal and recommends stockholders vote in favor. The transaction results in Surmodics becoming a privately held company delisted from Nasdaq. Law firm Ademi LLP investigates potential breaches of fiduciary duty and legal violations related to the transaction.

May 29, 2024
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