Bard and Tyco keep on talking:
This article was originally published in Clinica
Bard has reiterated that it is still in discussions with Tyco International over their proposed merger in the light of Tyco's plans to split into four separate businesses (see Clinica No 993, p 15). The conglomerate is also in the news because of questions over its accounting practices. In particular, The Wall Street Journal reported that Tyco had spent $8 billion over the past three years on more than 700 acquisitions that were not made public. Tyco was cleared after an investigation into its accounting practices by the US Securities and Exchange Commission two years ago.