Three companies in NeuroInsights Neurotech Index (ANSI, MTIX, and BLSC) announced acquisition deals this month with an average valuation of 39% above their trading price. Investors in neurodiagnostic company Bio-logic Systems (BLSC) received the largest return for the month, after Natus Medical (BABY) announced a $66 million acquisition offer, representing a 50% premium above the stock price. Advanced Neuromodulation (ANSI), a rumored target for J&J, announced that it will be acquired by St. Jude Medical (STJ) for $1.3 billion, a 30% premum over the market value which had recently taken a small dip …
