Figs gets $1B takeover offer from Story3 Capital Partners: WSJ

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According to a Wall Street Journal report, medical apparel maker Figs (FIGS) has reportedly received a takeover offer from Story3 Capital Partners. The potential deal values Figs at approximately $1 billion, which differs from the company's current market valuation of just under $900 million.

Yahoo Finance Special Reporter Akiko Fujita breaks down the details of the proposed bid.

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This post was written by Angel Smith