(Reuters) -Staar Surgical has adjourned its shareholder vote on Swiss eyecare giant Alcon’s $1.5 billion takeover offer until November 6, the company said on Thursday.
The delay comes amid opposing campaigns between Staar’s board and key investors, led by Broadwood Partners which owns 27.5%. Opposing shareholders argue that the deal undervalues the business and reflects a flawed sale process.
(Reporting by Maria Rugamer; Editing by Matt Scuffham)