07-06-2007
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Rep Power: 648 | |  Advanced Medical bids $4.23 bln for Bausch&Lomb (Reuters)
Reuters - Advanced Medical Optics Inc. has offered to buy larger eye-care company Bausch & Lomb Inc. for $4.23 billion, topping a rival offer of $3.67 billion from private equity firm Warburg Pincus , the two companies said on Thursday.
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