Staar Surgical Company (STAA) announced a definitive merger agreement with Alcon (ALC) for $28.00 per share in cash. A virtual Special Meeting of Stockholders will be held on October 23 to vote on the proposal. The STAAR Board of Directors unanimously recommends voting “FOR” the merger due to potential growth challenges and economic uncertainty in China.

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Read more at Yahoo Finance: Staar Surgical issues letter to stockholders regarding Alcon merger