Hologic in its $18.3 billion acquisition by Blackstone and TPG

Hologic, Inc. (Nasdaq: HOLX) today announced that it has entered into a definitive agreement to be acquired by funds managed by Blackstone and TPG in a transaction valued at up to $18.3 billion.  Under the terms of the agreement, Blackstone and TPG will acquire all outstanding Hologic shares for $76 per share in cash plus a non-tradable contingent value right to receive up to $3 per share in two payments of up to $1.50 each, for total consideration of up to $79 per share in cash.  The transaction includes significant minority investments from a wholly owned subsidiary of the Abu Dhabi Investment Authority and an affiliate of GIC.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Hologic.