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DewDiligence

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DewDiligence

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Re: DewDiligence post# 12883

Friday, 09/16/2016 2:11:40 PM

Friday, September 16, 2016 2:11:40 PM

Post# of 30495
WSJ reporting that ABT is selling its ophthalmology unit to JNJ:

http://www.wsj.com/articles/j-j-nears-deal-to-buy-abbotts-eye-surgery-equipment-unit-1474043861

ABT acquired this business, then called Advanced Medical Optics, for $2.8B in 2009 (#msg-34762429). AMO was spun off from the original Allergan in 2002.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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