Thursday, July 5, 2007

UPDATE 1-Advanced Medical bids $75/shr for Bausch&Lomb--WSJ

(Reuters) - Advanced Medical's offer is valued at $75 a share, of which
$45 is in cash and $30 in stock, according to the Wall Street
Journal report, which appeared on the Dow Jones newswire on
Thursday and cites people familiar with the situation.




The offer compares with the $65-per-share Warburg Pincus
offer, made in May.


Read more at Reuters.com Mergers News

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