M&A
confidence high
sentiment neutral
materiality 0.50
Assertio-Garda extend tender offer deadline to May 4, 2026; $125.1M deal
Assertio Holdings, Inc.
- Mutual agreement extends tender offer commencement deadline to May 4, 2026.
- Deal price: $18.00/share cash, total equity value of $125.1M, plus a contingent value right.
- 20-day window-shop provision allows Assertio to seek superior proposals; reduced breakup fee applies.
- Merger agreement dated April 8, 2026; no change in terms announced.