Improving B&L Agrees To Warburg Pincus' Buyout

The board of directors of Bausch & Lomb (B&L), which has reported improved results for the 2nd quarter ended June 30, has unanimously approved proposals for the company's takeover by affiliates of Warburg Pincus for about $4.5 billion, including assumption of $830 million in debt. B&L's shareholders are set to ...

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