Monday, July 30, 2007

UPDATE 2-Bausch & Lomb allows rival bidder to show info

(Reuters) - Advanced Medical wants to wrest Bausch & Lomb away from its
existing agreement to be acquired by private equity firm
Warburg Pincus for $3.67 billion.




But Advanced Medical's offer has been opposed by its
third-largest shareholder, ValueAct Capital. A lack of support
by a key investor makes Advanced Medical's offer more risky,
analysts have said.


Read more at Reuters.com Government Filings News

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