Tempus AI (NASDAQ:TEM) Shares Drop Close to $46 Merger Price
Tempus shares fell on Monday. The Personalis offer now links closing risk to the value of Tempus’s stock. Tempus traded just 5.2% higher than the $46 reference mentioned in the filing.
Personalis Shares Drop as Tempus’s $16.25 Bid Represents Only 6% Premium, Recasting Acquisition Calculations
Shares of Personalis dropped 11.6% on Monday, even after receiving a $16.25 acquisition bid. Tempus AI, which is seeking to buy Personalis, declined 6.2%. The Nasdaq Composite rose 0.35% as U.S. markets remained open.
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