Hologic jumps 22% after FT says TPG, Blackstone made buyout offer

Shares of Hologic (HOLX) jumped after the Financial Times reported TPG (TPG) and Blackstone (BX) made an approach to take the company private for more than $16B, according to people familiar with the matter. The proposed deal would value Hologic’s shares at $70 to $72, according to the FT. Shares of Hologic are up 22.55% to $66.52 following the report.