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BioWorld - Wednesday, July 22, 2026
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Home » SD Biosensor and SJL bid $1.53B in cash for Meridian Bioscience
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SD Biosensor and SJL bid $1.53B in cash for Meridian Bioscience

July 7, 2022
By Annette Boyle

SD Biosensor Inc. and SJL Partners LLC plan to take Meridian Biosciences Inc. private in a $1.53 billion cash deal reached after four months of negotiation. Meridian shareholders will receive $34 per share, which represents a premium of 32% on the share price at market close on March 17, the day before SDB and SJL first presented an offer to buy the company. On July 7, the proposed price was a 16% premium based on the one-month average price per share of Meridian’s common stock.

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