InMode Confirms Receipt of Unsolicited Acquisition Proposal From Steel Partners

MT Newswires Live

07/10

InMode (INMD) confirmed Friday that its board has received an unsolicited acquisition proposal from Steel Partners Holdings dated July 9.

The company said a special committee comprised solely of its independent directors, together with its legal and financial advisers, will review the proposal in accordance with its fiduciary duties.

InMode said the special committee is committed to acting in the best interests of all shareholders and does not intend to comment further at this time.

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