M&A
confidence high
sentiment neutral
materiality 0.60
Assertio and Garda postpone tender offer commencement to May 8, 2026
Assertio Holdings, Inc.
- Tender offer to acquire all outstanding ASRT shares for $21.80/share ($153.2M total) postponed from May 4 to May 8.
- Amended merger agreement entered May 1, 2026; Schedule 14D-9 to be filed May 8.
- Tender offer for outstanding Convertible Senior Notes also postponed to May 8.
- Both parties mutually agreed to the extension; no change to per-share consideration.