Steel Partners Fights Back Against InMode CEO Buyout Bid
Steel Partners is pushing back hard on what it calls a value-destructive management-led buyout attempt at InMode.
Steel Partners isn't staying quiet. The activist investor has come out swinging against a CEO-led buyout offer for InMode, labeling the deal "value-destructive" — and that phrase alone should put every InMode shareholder on high alert.
Management buyouts are a classic move when insiders believe the stock is undervalued and want to capture future upside for themselves rather than existing shareholders. When a major investor like Steel Partners calls that out publicly, it's a signal that the offer price likely doesn't reflect what the business is actually worth.
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For retail traders watching InMode, this is the kind of catalyst that matters. Activist opposition to a buyout can either push the acquirer to sweeten the deal or blow the whole thing up — either outcome moves the stock. Steel Partners has skin in the game here, which means this isn't just noise. They're fighting for a higher number or a better path forward.
The broader takeaway: when management tries to buy out public shareholders on the cheap, activists are your best friend. Steel Partners stepping in creates real pressure and raises the probability that any final deal — if one happens at all — comes in at a higher valuation than initially proposed. Watch this one closely.
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