Integer Holdings shares surged 21% Friday afternoon following a Wall Street Journal report that private-equity firm KKR is near a deal to take the medical-device outsourcing company private. Trading in the stock was briefly halted due to volatility after the report. The deal could be announced as soon as next week and would value the Plano, Texas-based company at roughly $127 per share, according to people familiar with the matter cited by the Journal.
Integer Holdings CorpKKR near deal to take company private at $127/share
KKR & Co. Inc.KKR is the acquirer in the reported takeover