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J&J AND GUIDANT: BUYER BEWARE
November 16, 2005
The Nov. 15 news that Johnson & Johnson and Guidant had agreed on a new deal came as a bit of a surprise to investors. Guidant, which had sued J&J to complete the transaction under the original terms, saw its stock climb more than 8% after agreeing to a $21.5 billion buyout, about $4 billion less than originally planned.
Business Week (http://www.businessweek.com/technology/content/nov2005/tc20051116_925095.htm)
KEYWORDS FDAnews Device Daily Bulletin
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