Could Matria Healthcare (MATR) Get a Higher Bid?

January 29, 2008 3:33 PM EST

There are rumors going around that Matria Healthcare (Nasdaq: MATR) could receive another takeover bid. Shares of MATR are up just over 1% today.

Yesterday, Matria agreed to be acquired by Inverness Medical Innovations (AMEX: IMA) for $39.00 per share, payable $6.50 in cash plus $32.50 in convertible preferred stock of Inverness.


Related Categories

Mergers and Acquisitions
Rumors

Stocks Mentioned

IMA 42.05

+0.30 +0.72%
Volume: 424,549
Track IMA

MATR 24.15

+0.00 +0.00%
Volume: 0
Track MATR


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