Ex-Alere execs plan buyout
This article was originally published in Clinica
Executive Summary
A group led by ex-Alere CEO Ron Zwanziger has made a move to buy the beleaguered company, for an estimated price of $3.82bn. Mr Zwanziger, who resigned unexpectedly from Alere in July, made a Schedule 13D filing with the US Securities and Exchange Commission (SEC) saying the group intends to make an offer of $46 per share for Alere, or possibly higher, and requesting a month-long due diligence period.