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Hologic Set to Divest ‘Underperforming’ Cynosure

Cynosure was supposed to be Hologic’s beauty, but the medical aesthetics company ended up being a beast after it significantly underperformed. Now two years after acquiring Cynosure for $1.65 billion, Hologic is selling the business to an affiliate of investment funds managed by Clayton, Dubilier & Rice for $205 million.