Integer Shares Rally On $127 Per Share KKR Offer

Integer Holdings Corporation (NYSE: ITGR ) shares rose after the company agreed to be acquired by KKR in a transaction valued at approximately $5.7 billion. Under the terms of the deal, Integer shareholders will receive $127 per share. This represents a 51.8% premium to the company’s April 29, 2026 closing price. Integer’s board approved the transaction unanimously and recommends shareholders vote for the acquisition. The deal follows a board-led strategic review and will likely close by year-end, subject to customary closing conditions. Integer Withdraws Guidance Separately, Integer reported second-quarter adjusted EPS of $1.60, beating analyst expectations of $1.42. Revenue totaled $464.1 million, above the consensus estimate of $450.5 million. Adjusted EBITDA increased 4% year over year to $95 million. The company withdrew its previously issued financial guidance due to the pending...