(Reuters) - Shares of the company were trading at $67.40 in premarket activity, an indication that investors may expect a higher bid.
The offer is only a 5.7 percent premium to where Bausch & Lomb shares closed on Tuesday, but its shares have been on a sharp ascent for several weeks due to rumors that it would be a target of a leveraged buyout.
Read more at Reuters.com Mergers News
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