M&A
confidence high
sentiment neutral
materiality 0.60
Assertio: Garda to launch tender offer April 29 at $18.00/share ($125M cash)
Assertio Holdings, Inc.
- Garda intends to commence tender offer on April 29, 2026 to purchase all outstanding Assertio shares.
- Offer: $18.00 per share cash, total $125.1 million, plus a contingent value right.
- Tender offer begins the day after the 20-day window-shop period ends on April 28.
- Assertio may solicit superior proposals during window-shop; reduced breakup fee applies if terminated.