Seer Board Reviews Competing Takeover Bids from Activists and Its Own CEO
Seer confirms two revised unsolicited offers: $2.55 + CVR from Radoff-JEC Group and $2.45 + two CVRs from CEO Farokhzad. Special committee reviewing.
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Seer CEO Omid Farokhzad Makes Unsolicited $2.45/Share Offer to Buy the Company
The Board will form a Special Committee to evaluate the offer.
Radoff-JEC Group Boosts Seer Takeover Bid to $2.35
Investors offered to buy Seer for $2.35/share plus extra future payout; stock rose after takeover bid. Board responds by May 2.
Activist Investors Bid $2.25 Per Share to Take Over SEER
Activist investors offer to buy Seer for $2.25/share cash + CVR, criticize CEO, and push board to respond by Apr 22.