Thursday, May 24, 2007

Bausch & Lomb jumps on rival bid talk

(Reuters) - Shares of Advanced Medical slipped by 2.5 percent to $41.35 before the bell from a close of $42.44.




Last week Bausch & Lomb, still dealing with widespread product recalls that have hurt sales and delayed financial reports, said it had agreed to be bought by private equity firm Warburg Pincus for about $3.67 billion or $65 per share.


Read more at Reuters.com Hot Stocks News

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