Friday, September 14, 2007
Bausch & Lomb said that four proxy advisers recommended the shareholders vote for a $3.7 billion cash-out merger offer ($65 per share) from Warburg Pincus. The shareholders meeting is set for Sept. 21. Last month Advanced Medical Optics withdrew a higher offer after B&L requested assurance that AMO shareholders backed the deal. WSJ, Four Proxy Firms Urge Shareholders Of Bausch & Lomb to Vote for Deal.