Medical Aesthetics Play Flies On Unsolicited Takeover Bid; Why It Makes Sense

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Medical aesthetics outlet InMode (INMD) received an unsolicited takeover bid from MN Business Strategy on Wednesday, sending the stock flying. Israel-based InMode makes noninvasive treatments that aim to tighten the skin, improving the appearance by lessening wrinkles and excess fat. It also has tools for women's health and hair removal. But sales last grew, on a year-over-year basis, in 2023.…