IVF provider Virtus Health has again urged shareholders to accept the latest takeover offer from BGH Capital ahead of a Tuesday night deadline, while flagging it will have to cut its planned special dividend by up to 14¢ per share if BGH succeeds.
The board has spurned BGH for months but has finally agreed to provide BGH with access to a data room.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
