B&L may respond to AMO's purchase offer today
By: WROC-TV
Updated: August 1, 2007
Today we could learn if eye care company Bausch & Lomb will accept a buyout offer from Advanced Medical Optics. In a letter sent out yesterday, Advanced Medical demanded B&L respond to their purchase offer no later than today. Last week, AMO tried to improve its chances by offering two buyout alternatives to B&L shareholders. Bausch & Lomb had already accepted a 3.6 billion-dollar cash bid from private equity firm Warburg Pincus when Advanced Medical Optics made it's bid. 

