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BD, CR Bard Merger To Create Vascular Access Device Giant

 
• By Reed Miller

Becton Dickinson has reached a definitive agreement to acquire CR Bard for $24bn. BD says Bard's product portfolio gives it a strong presence in fast-growing clinical areas and more reach outside the US while Bard expects to reach more customers by building on BD's leadership in medication management and infection prevention.

Merging Business Network-Business leaders in global agreement
• Source: shutterstock.com

Becton Dickinson & Co. expects to jump-start its earnings growth by acquiring CR Bard Inc. for $24bn, the companies announced late on April 23.

Both company's boards have agreed to a definitive agreement for Bard to pay $222.93 in cash and 0.5077 shares of BD stock per Bard common share in cash and stock...

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