financetom
Business
financetom
/
Business
/
23andMe Holding Begins Exploring Strategic Alternatives
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
23andMe Holding Begins Exploring Strategic Alternatives
Jan 29, 2025 1:10 AM

03:48 AM EST, 01/29/2025 (MT Newswires) -- 23andMe Holding ( ME ) said late Tuesday a special committee of its board has started exploring strategic alternatives, including a possible sale of the company or its assets, a business combination and a restructuring.

The special committee has retained Moelis & Co. and Goodwin Procter as advisers, the company said.

The company does not plan to disclose further updates on the process until it makes an agreement, it said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
ADM's top compliance officer to depart
ADM's top compliance officer to depart
Nov 13, 2024
Nov 13 (Reuters) - Archer-Daniels-Midland's ( ADM ) chief compliance official Ben Bard would leave the company, it said on Wednesday, without disclosing any timeline for his departure. Bard is leaving for personal reasons an ADM spokesperson told Reuters in an email, but declined further comment. Bard's departure comes a day after ADM sought an extension to file its third-quarter...
AMC Entertainment Shares Are On The Rise Today: What's Going On?
AMC Entertainment Shares Are On The Rise Today: What's Going On?
Nov 13, 2024
AMC Entertainment Holdings, Inc. ( AMC ) shares are trading higher Wednesday. The company disclosed a debt retirement move in a SEC filing late Tuesday. Here’s what you need to know. What To Know: After the market close on Tuesday, AMC filed a Form 8-K with the SEC detailing recent moves to extinguish debt. The company said it entered into...
Dime Community Bancshares Closes $144 Million Common Stock Offering
Dime Community Bancshares Closes $144 Million Common Stock Offering
Nov 13, 2024
02:49 PM EST, 11/13/2024 (MT Newswires) -- Dime Community Bancshares ( DCOM ) said Wednesday it closed its public offering of about 4.5 million common shares at $32 per share for total gross proceeds of roughly $144 million. The share sale included 585,937 shares issued to cover the exercise of an overallotment option in full, the company said. The net...
Coterra Energy Agrees to Buy Permian Basin Assets in Two Deals Worth $3.95 Billion
Coterra Energy Agrees to Buy Permian Basin Assets in Two Deals Worth $3.95 Billion
Nov 13, 2024
02:45 PM EST, 11/13/2024 (MT Newswires) -- Coterra Energy ( CTRA ) said Wednesday it agreed to buy certain Permian Basin assets from Franklin Mountain Energy and Avant Natural Resources for $3.95 billion in a move that will boost its presence in New Mexico. The purchase price consists of $2.95 billion in cash, as well as $1 billion of common...
Copyright 2023-2026 - www.financetom.com All Rights Reserved