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State Retirement Fund invests in Bausch & Lomb

By: WROC-TV
Updated: November 15, 2007
bauschandlomb2007-11-15-1195152252.jpgA boost for the now-private Bausch & Lomb today. The State Common Retirement Fund has invested $15 million in B&L. State Comptroller Tom Dinapoli says this should help the eye care giant expand its research and development capabilities. Last month, Bausch & Lomb closed its sale to Warburg Pincus... For $4.5 billion. With the Bausch & Lomb investment there's now more than $32 million invested in companies in Monroe County.

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