Heska Corp jumps on buyout deal from Mars Inc

Heska

03/04/2023 13:39

** Shares of veterinary diagnostic and specialty products
provider Heska Corp  HSKA.O  rise 20.1% to $117.24 in premarket
trading
    ** Mars Inc to buy Heska for $120 per share 
    ** Agreement has been unanimously approved by boards of
directors of both cos
    ** Upon closing, Heska will join Mars Petcare
    ** Deal expected to close in H2 2023
    ** Up to last close, stock had risen 57.05% YTD

 (Reporting by Muhammed Husain in Bengaluru)
 ((Muhammed.Husain@thomsonreuters.com;))