Hillenbrand (NYSE: HI) stock soared over 18% on news of a $3.8 billion buyout deal by private equity firm Lone Star Funds. The deal values each share at $32, representing a 37% premium over the Aug. 12 closing price. The company will delist from the NYSE upon completion, expected by the end of Q1 2026, pending shareholder and regulatory approval. The buyout offers immediate cash value to shareholders and positions Hillenbrand to continue meeting customer needs in industrial equipment and solutions. Consider other investment opportunities as Hillenbrand wasn’t among the Motley Fool’s 10 best stocks to buy now.

Read more at Nasdaq: Why Hillenbrand Stock Skyrocketed Today