Figs receives $6 per share takeover bid from Story3 Capital, WSJ reports

Figs (FIGS) has received an acquisition bid from private equity firm Story3 Capital Partners that values the medical-apparel maker at over $1B, the Wall Street Journal’s Lauren Thomas reports, citing the proposal. The firm offered $6 per share for the common shares of Figs that it does not already hold, the author says, noting that Story3 and affiliated funds own just over 1% of Figs shares.