Wednesday, July 11, 2007

AMO blasts shareholder on Bausch deal

(Reuters) - Advanced Medical Optics Chief Executive James Mazzo, responding to a critical letter from ValueAct, said he was "surprised and disappointed" by ValueAct's opposition to the $4.23 billion hostile bid for Bausch & Lomb.




Mazzo said this was "especially hard to understand given expressed interest on June 12th in investing $700 million in equity in a Bausch & Lomb acquisition and your reaffirmation of a desire to participate in financing the transaction as recently as July 5."


Read more at Reuters.com Government Filings News

No comments: