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Bausch & Lomb turns down AMO bid

By: WROC
Updated: July 25, 2007
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bauschandlomb2007-07-25-1185373061.jpgEye care company Bausch and Lomb has turned down a buyout bid from rival firm Advanced Medical Optics.

The company offered B&L a cash and stock bid of $75/share

Private equity firm Warburg Pincus has also made an offer at $65/share.

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