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XENT News and Press, Intersect ENT Inc.

Stock Information

Company Name: Intersect ENT Inc.
Stock Symbol: XENT
Market: NASDAQ
Website: intersectent.com

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XENT - Merger Arbitrage Mondays: Chicken Soup for the Soul Acquires Redbox At A Massive Discount

Eight new deals announced last week. Chicken Soup acquires Redbox in a 'take-under' at a massive discount. Following Elon Musk's tweet last week, stating that the Twitter deal is temporarily on hold, Twitter shares fell as low as $40.01 on Friday, May 13, 2022. For further d...

XENT - Merger Arbitrage Mondays: Black Knight To Be Acquired By Intercontinental

Two of the three new deals announced last week were potential deals in the works. Black Knight entered into a definitive agreement to be acquired by Intercontinental Exchange in a deal valued at $13.1 billion. Welltower made a nearly $5 billion all-cash bid for Healthcare Realty T...

XENT - Medtronic planned purchase of Intersect ENT said expected to close in May

Medtronic (NYSE:MDT) planned purchase of Intersect ENT (NASDAQ:XENT) is now likely to close in May instead of this month. The delay come as the companies want to give the Federal Trade Commission time to review a divestiture buyer, according to a Dealreporter item, which cited two sources fam...

XENT - Medtronic is said planning to close Intersect ENT deal this month

Medtronic (NYSE:MDT) is reportedly planning to close its purchase of Intersect ENT  (NASDAQ:XENT) when a timing agreement with the Federal Trade Commission expires in mid-to-late April. The parties expect to close the merger even if they don't have the regulator's endorsement, accor...

XENT - Merger Arbitrage Mondays: Berkshire Hathaway Acquires Insurer Alleghany For $11.6 Billion

Berkshire Hathaway to acquire all outstanding Alleghany shares for $848.02 per share in cash, for a total equity value of approximately $11.6 billion. This is one of the five largest acquisitions in Berkshire's history and it ends Buffett's six-year drought of large acquisitions. ...

XENT - Intersect ENT to divest business in effort gain antitrust approval for Medtronic deal

Medtronic (NYSE:MDT), which agreed to purchase Intersect ENT (NASDAQ:XENT) for $1.1B in August, said Intersect intends to divest its Fiagon business as the companies work to gain U.S. antitrust approval for the deal.  The companies have agreed on the material ter...

XENT - Merger Arbitrage Mondays: Google Acquires Cybersecurity Firm Mandiant

Two out of the three new deals announced last week were potential deals in the works. Google is paying $5.4 billion to acquire Mandiant. Four SPAC Business Combinations terminated last week. For further details see: Merger Arbitrage Mondays: Google Acquires Cybersecurity...

XENT - Will Medtronic Q3 earnings top Street view despite COVID impact?

Medtronic (NYSE:MDT) is scheduled to announce Q3 earnings results on Tuesday, Feb. 22, before market open. The consensus EPS estimate is $1.37 (+6.2% Y/Y) and the consensus revenue estimate is $7.91B (+1.4% Y/Y).  Over the last 2 years, MDT has beaten EPS estimat...

XENT - Medtronic, Intersect ENT said to finalize divestiture plans to help with antitrust concerns

Medtronic (NYSE:MDT), which agreed to purchase Intersect ENT (NASDAQ:XENT) for $1.1B in August, is said to be finalizing plans on potential divestitures in an effort to resolve U.S. antitrust concerns. The parties still expect to complete the deal by the target date of April 30, according to ...

XENT - Real-World Evidence Study Demonstrates Intersect ENT's PROPEL® Sinus Implant Reduces Healthcare Resource Utilization

Data from first-of-its-kind study published in Current Medical Research and Opinion Patients receiving PROPEL ® following endoscopic sinus surgery had statistically significant lower healthcare resource utilization over a postoperative period of 18 months, including a...

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