Guidant Accepts J&J’s Offer
It’s finally over. Guidant (GDT) will go with Johnson & Johnson (JNJ) for $71 a share. Both boards still need to approve the deal. I guess the hedge funds aren’t powerful as everyone thought. In the end, all Boston Scientific (BSX) did was make a bad deal cost more money.
Posted by Eddy Elfenbein on January 14th, 2006 at 11:05 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Does anyone have a suit of armor, jet skis and a blowtorch I can borrow/rent? There's an experiment I'm working on.
This is pretty amazing. US elections combined since 1924:
GOP: 1,058,301,749
DEM: 1,057,846,951
Oth: 88,548,252Unemployment spikes in Washington, DC
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 