Friday, July 6, 2007

Stock futures flat before payrolls, Bausch & Lomb up

(Reuters) - In deal news, Advanced Medical Optics Inc. offered to buy larger eye-care company Bausch & Lomb Inc. for $4.23 billion, topping a rival offer of $3.67 billion from private equity firm Warburg Pincus , the two companies said late on Thursday.




Bausch & Lomb's stock gained 7.2 percent in Europe, while Advanced Medical Optics' shares rose 1.5 percent.


Read more at Reuters.com Business News

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