JNJ/GDT Deal Being Questioned

With a $76 per share cash offer on the table from Johnson and Johnson (JNJ), this $8 drop in Guidant (GDT) stock today to $60 per share looks very tempting. Even if the terms are reduced, I doubt they’ll slash the purchase price by more than the 20-plus percent discount currently being priced in by the market.

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One Thought on “JNJ/GDT Deal Being Questioned

  1. Anonymous on June 27, 2005 at 11:02 PM said:

    Insiders say: S. Wickstrom Manufacturing (Calif. molder) is no longer ISO compliant

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