Steel Partners Launches $16.75 Takeover Bid for InMode, Surpassing CEO-Backed Offer
The firm criticizes CEO Moshe Mizrahy and urges the board to act.
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CEO Moshe Mizrahy’s Group Offers to Take InMode Private at $16.20 Per Share
Board forms special committee to evaluate the offer.
InMode Ends Sale Talks: No Good Offers Found
InMode has stopped its review of buyout or merger proposals after deciding none were good enough for shareholders.
Steel Partners Makes $18 Acquisition Offer for InMode
Steel Partners proposes to buy 51% of InMode shares at $18 each, a 29% premium, citing poor stock performance and excessive cash holdings.
Israeli Medical Aesthetics Firm InMode Set for $1.1B Acquisition Deal
InMode, the Israeli medical aesthetics technology company, is in advanced talks for a $1.1 billion acquisition by a foreign investment fund, representing a 25% premium.