financetom
Business
financetom
/
Business
/
Market Chatter: OraSure Technologies Received Takeover Offer From Zwanziger
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: OraSure Technologies Received Takeover Offer From Zwanziger
Jul 14, 2025 10:08 AM

12:44 PM EDT, 07/14/2025 (MT Newswires) -- OraSure Technologies ( OSUR ) received an unsolicited all-cash takeover offer in June from health-care entrepreneur Ron Zwanziger, Reuters reported Monday, citing three people familiar with the matter.

Zwanziger and other undisclosed investors made an offer of $3.50 to $4 a share for OraSure ( OSUR ), which was rejected without any talks between the parties, the report said.

The offer was Zwanziger's second attempt to acquire the company, one of the people said, according to Reuters.

OraSure ( OSUR ) did not immediately respond to a request for comment, and Zwanziger could not be reached for comment, Reuters said.

OraSure ( OSUR ) did not immediately reply to a request for comment from MT Newswires.

OraSure ( OSUR ) shares rose 4.8% in recent trading Monday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 3.25, Change: +0.15, Percent Change: +4.84

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 >
Fractyl Health Says Potential Diabetes, Obesity Treatment Performed Well in Preclinical Trial
Fractyl Health Says Potential Diabetes, Obesity Treatment Performed Well in Preclinical Trial
Jun 24, 2024
04:10 AM EDT, 06/24/2024 (MT Newswires) -- Fractyl Health ( GUTS ) said Sunday its Rejuva gene therapy program showed potential to treat obesity and type 2 diabetes in preclinical testing on mice. The company said Rejuva showed sustained weight maintenance and body composition improvement by mimicking the release of glucagon-like peptide 1 from the pancreas. Obese mice given Rejuva...
Apple's App Store rules breach EU tech rules, EU regulators say
Apple's App Store rules breach EU tech rules, EU regulators say
Jun 24, 2024
AMSTERDAM (Reuters) -Apple's ( AAPL ) App Store rules breach EU tech rules because they prevent app developers from steering consumers to alternative offers, EU antitrust regulators said on Monday, a charge that could result in a hefty fine for the iPhone maker. The European Commission, which also acts as the European Union's antitrust and technology regulator, said it had...
WaFd Unit Sells $2.8 Billion of Multifamily Loans to Bank of America
WaFd Unit Sells $2.8 Billion of Multifamily Loans to Bank of America
Jun 24, 2024
03:55 AM EDT, 06/24/2024 (MT Newswires) -- WaFd ( WAFD ) unit Washington Federal Bank said late Friday it has closed the sale of multifamily commercial real estate loans totaling $2.8 billion to Bank of America ( BAC ) . The bank holding company said it incurred no loss from the transaction. The sale was priced at 92% of the...
Prosus writes off its 9.6% stake in India's Byju's
Prosus writes off its 9.6% stake in India's Byju's
Jun 24, 2024
BENGALURU (Reuters) - Tech investor Prosus NV said it has written off the fair value of its 9.6% stake in Indian edtech firm Byju's during the financial year 2024, making the Dutch firm the first to fully write-off its investment in the troubled startup. Prosus cites the write off to the significant decrease in value for equity investors. Byju's was once...
Copyright 2023-2026 - www.financetom.com All Rights Reserved