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Cytyc withdraws acquisition of Digene

Executive Summary

Cytyc, manufacturer of the Thin Prep Pap Test has agreed to acquire Digene (gene based diagnostics) in a stock and cash deal valued at approximately $553.9mm. Cytyc will pay $76.9mm in cash and issue 23.5mm common shares for all outstanding Digene equity.
Deal Industry
  • In Vitro Diagnostics
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
  • Biotechnology
    • Drug Discovery Tools
      • Genomics-Proteomics
Deal Status
  • Withdrawn
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Intra-Biotech Deal
    • Payment Includes Cash
    • Payment Includes Stock

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