Thursday, May 24, 2007

Advanced Medical May Bid For Bausch & Lomb

Advanced Medical Optics Inc. (EYE) may engage in a bidding war for Bausch & Lomb Inc. (BOL) by offering more than the $4.5 billion that Warbur Pincus bid last week. Shares of Advanced Medical dropped $1.34 to close at $41.10 while Bausch & Lomb stock surged $3.76 to close at $70.21.

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