AcquisitionsMar 30, 2026, 03:35 AM
Abbott to Acquire Exact Sciences for $105 per Share in Cash
AI Summary
Abbott Laboratories has entered into a definitive agreement to acquire Exact Sciences Corporation for $105.00 per share in cash. The merger will result in Exact Sciences becoming a wholly-owned subsidiary of Abbott, expanding Abbott's diagnostics portfolio.
Key Highlights
- Abbott will acquire Exact Sciences for $105.00 per share in cash.
- Exact Sciences will become a wholly-owned subsidiary of Abbott.
- The merger is subject to customary closing conditions, including shareholder approval and regulatory approvals.