Biotech Values

[DewDiligence]

Re: BD acquisition of CFN

http://online.wsj.com/articles/becton-dickinson-to-buy-carefusion-for-12-billion-1412542363

One big attraction of CareFusion…was the company’s software to help hospitals track their use of drugs and the machines to store the medicines and fill orders. Such tools, he said, are increasingly valuable as hospitals try to reduce waste and eliminate errors.

… CareFusion shareholders will receive $49 in cash and 0.078 of a Becton share for each CareFusion share…. Becton shareholders will own about 92% of the combined company, with CareFusion shareholders owning the remaining portion.

The merged company will rank among the top-5 medical-device firms by worldwide sales.