Hologic CEO Steve MacMillan to Retire as Blackstone, TPG Near $18.3 Billion Buyout Close
Hologic said CEO Steve MacMillan will retire when its $18.3 billion sale to Blackstone and TPG closes, expected April 7 after all regulatory approvals. Nasdaq plans to halt Hologic shares after trading April 6 and suspend them April 8. Shareholders get $76 per share in cash plus a contingent value right tied to Breast Health revenue targets. The next CEO will be named after the deal closes.