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Fly News Breaks for February 14, 2017
HOLX, CYNO
Feb 14, 2017 | 10:48 EDT
Aegis analyst Difei Yang downgraded Cynosure (CYNO) to Hold saying the takeover price paid by Hologic (HOLX) is reasonable and that a second offer with materially better financial terms is unlikely to come forward. The analyst sees minimal FTC risk surrounding the deal.
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