STAAR Surgical Company has provided an update regarding its agreement with Alcon, under which Alcon will acquire STAAR for $30.75 per share in cash, representing a 74% premium to the 90-day volume-weighted average price. In communications following the agreement, STAAR clarified that although several parties expressed vague interest prior to the announcement, none submitted a proposal or pursued due diligence during the go-shop period. Additionally, a party believed to be FountainVest initiated contact late in the process but ultimately declined to execute a nondisclosure agreement even after STAAR accepted its requested changes. No alternative proposals were received before the go-shop period expired. The company reiterated that Alcon’s offer represents certain and immediate cash value for STAAR’s shareholders. A virtual Special Meeting of Stockholders has been scheduled for December 19, 2025, to consider the transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. STAAR Surgical Company published the original content used to generate this news brief via Business Wire (Ref. ID: 20251217865184) on December 17, 2025, and is solely responsible for the information contained therein.
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