Mergers & Acquisitions ·
Integer Holdings supplements proxy statement for $98-$141 per share KKR merger amid stockholder lawsuits
ITGRInteger Holdings Corp
Integer Holdings Corporation filed a current report to voluntarily supplement its definitive proxy statement regarding the proposed merger with Armstrong Bidco, Inc., an affiliate of Kohlberg Kravis Roberts & Co. (KKR). The filing discloses that Goldman Sachs derived illustrative equity values per share ranging from $98.93 to $140.68 based on a discounted cash flow analysis and approximately 35 million fully diluted shares. This disclosure follows the filing of three lawsuits by stockholders alleging misleading descriptions in the proxy statement, alongside demand letters from attorneys representing thirteen purported stockholders seeking to enjoin the transaction. The special meeting to vote on the merger is scheduled for October 21, 2026. Integer Holdings Corporation operates in the medical device industry, designing and manufacturing products for surgical procedures.