Bard and Tyco break off $3.1 billion merger
This article was originally published in Clinica
Executive Summary
Conglomerate Tyco International's plan to split into four separate businesses appears to have scuppered its proposed $3.1 billion merger with Bard. The two companies have mutually abandoned their proposed merger two weeks after Tyco's surprise announcement (see Clinica No 993, p 15).
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