US stocks fluctuate | Blackstone (BX.US) rises by nearly 3%, reignites interest in acquiring medical diagnostic company Hologic
According to the Securities Times APP, on Thursday, Blackstone (BX.US) rose nearly 3% to $188.90. On the news front, according to sources familiar with the matter, Blackstone Group and TPG have renewed their interest in acquiring medical diagnostics company Hologic, which may become one of the largest healthcare privatization deals of the year. Hologic CEO Steve MacMillan's compensation terms and recent stock price decline may be factors prompting the sale. Sources say that the two sides are currently conducting due diligence and a deal is not expected to be reached within the next month.
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