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.
