Advanced Medical Optics (EYE Quote) has offered to acquire Bausch & Lomb (BOL Quote) for $75 a share, according to reports Thursday.
The Wall Street Journal and CNBC reported on the bid, which would include both cash and stock. Bausch & Lomb struck a deal earlier this year to be acquired by Warburg Pincus for $65 a share, or about $3.7 billion. Shares of Bausch & Lomb closed Tuesday at $68.64 and were recently halted at the New York Stock Exchange. Advanced Medical, which has a smaller market cap than Bausch, was halted at $35.89.- Loading Comments...
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