Blackstone, TPG Near Hologic Deal for More Than $17 Billion (1)

Blackstone Inc. and TPG Inc. are in advanced negotiations to acquire Hologic Inc. in a deal that could value the medical device maker at more than $17 billion including debt, according to people familiar with the matter.

A transaction could be announced in the coming days, said the people, who asked not to be identified because the talks are private. The parties are currently discussing a price of above $75 a share, they said.

Hologic shares jumped about 6% in late trading after Bloomberg reported on the discussions. They had closed 2% higher at $69.85 Friday in New York, giving ...