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Anne Wojcicki has a new offer to take 23andMe private, this time for $74.7 million - TL;DR CNBC

Anne Wojcicki has a new offer to take 23andMe private, this time for $74.7 million

Publishing timestamp: 2025-02-21 17:43:50


Summary

23andMe CEO and New Mountain Capital propose to take company private for $2.53 per share, pending approval from special committee. Company has had a turbulent year with stock losing over 80% of its value in 2024. Special committee of independent directors in place to evaluate proposal.


Sentiment: MIXED

Tickers: ME

Keywords: health care industryinternetbreaking news: technology23andme holding co.breaking news: businessbusiness newsmediatechnology

Source: https://www.cnbc.com/2025/02/21/anne-wojcicki-new-offer-to-take-23andme-private-for-74point7-million.html


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