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Could Matria Healthcare (MATR) Get a Higher Bid?

January 29, 2008 3:33 PM EST
MATR Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Dividend Yield: 5%
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.

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