(Reuters) - Bausch & Lomb plans to be bought by Warburg Pincus for $3.67 billion.
In the letter, Bausch & Lomb said without the revisions, AMO's offer "would not be likely to result in a Superior Proposal."
Read more at Reuters.com Mergers News
In the letter, Bausch & Lomb said without the revisions, AMO's offer "would not be likely to result in a Superior Proposal."
Read more at Reuters.com Mergers News
1 comment:
Bausch seems to have no faith in AAMO. I think that the rejection has more to do with Bausch's strong connections to Warburg than the actual size of the offer. Newsvisual's latest article has a good account that talks about the the ties between Bausch and the companies doing the bidding. Here's the link: http://www.newsvisual.com/newsvisual/2007/07/bausch-lomb-tak.html
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