BUZZ-23andMe hits record low after CEO's buyback offer
ReutersMar 3, 2025 3:19 PM
Updates
Shares of DNA testing firm 23andMe ME.O hit their lowest level on record at $1.43
ME's CEO Anne Wojcicki offers to buy the remaining stake in the company for $0.41/shr, or about $11 mln
Wojcicki says private equity firm New Mountain is no longer interested in acquiring ME
Last month, Wojcicki and New Mountain Capital had offered to take the company private for $2.53 per share, valuing the company at $67.9 million
Stock has fallen 82% in the past 12 months
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