In a medical technology merger with implications for the healthcare sector in the United States and beyond, Becton Dickinson is acquiring C.R. Bard for $24 billion to tap into the growing markets for products used in treating vascular conditions and cancer.
Under the deal announced Sunday, Franklin Lakes, NJ-based Becton Dickinson (NYSE: BD) will pay Bard (NYSE: BCR) shareholders approximately $222.93 in cash and 0.5077 shares of BD stock per Bard share. That represents $317 for each Bard share, a 25.2 percent premium over Bard’s closing stock price Friday. When the deal closes, shareholders of Murray Hill, NJ-based Bard… Read more »
UNDERWRITERS AND PARTNERS
April 24, 2017 at 10:30AM
from Frank Vinluan
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