Growth And ProfitabilityAbbott's strategic interest in Exact Sciences is driven by its accelerating growth, profitability, and position in preventative, predictive, and personalized diagnostics.
Premium AcquisitionEXAS shareholders will receive $105.00 in cash per share, a premium of nearly 50% compared to EXAS's closing price before the potential deal surfaced.
Strategic AcquisitionThe acquisition by Abbott is seen as a 'watershed' moment in the diagnostics industry, which could enhance sector valuations and lead to more mergers and acquisitions.