HALISTER: Becton Dickinson to Buy C.R. Bard for $24 Billion

Becton Dickinson to Buy C.R. Bard for $24 Billion

(Bloomberg) -- Becton will pay $317 per common share in cash and stock in a deal approved by board of both companies, according to statement on PRNewswire.
  • Bard holders to get $222.93 in cash, 0.5077 shrs of BD stock
  • Becton to fund deal with $10b of new debt, $4.5b new equity
  • Becton expects to continue suspension of buyback program
Link to Statement:Link

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
BDX US (Becton Dickinson and Co)
BCR US (CR Bard Inc)

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