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Boston Scientific settles J&J lawsuit over Guidant

2015-02-17 23:34:46| Food - Topix.net

J&J had tried to acquire Guidant in 2004, but that deal later was nixed when J&J lowered its bid and Boston Scientific followed up with a higher offer. J&J had sued when Guidant allowed due diligence to be done on a portion of its business during negotiations, which J&J contended was a violation of its merger pact.

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