InMode stock jumps on report of $1.1 billion take-private deal

InMode stock jumps on report of $1.1 billion take-private deal

InMode shares jumped after a report said the medical device maker is set to be acquired by an investment fund in a $1.1 billion deal. The transaction would take the company private, valuing it about 25% above its current market cap, despite recent sales and profit declines.

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