Exact Sciences (EXAS): $100.90
Market Cap: $19.12B
Deal Size: $23B
In the month of October there were 26 new deals announced with a total deal value of $112 billion, which was nearly double compared to the $58 billion in total deal value for September. It looks like November is shaping up to be even stronger than October, with $126 billion of total deal value across 16 deals, including $44 billion worth of deals announced just last week.
The largest of these deals was the massive $23 billion acquisition of Exact Sciences (EXAS) by Abbott Laboratories (ABT) for $105 per share in cash. Exact Sciences saw its stock close at $100.90 on Friday, with a spread of 4.06% on the deal or almost 7% annualized if the deal can close by mid-2026.