Zeev's Turnips Patch-No Politics (ZEEV)

[tinner]

Help me understand this............JNJ buys some company named Synthes for 19.7 BILLION dollars and says it adds 3 to 5 cents of earnings for 2012 EPS. How long till they earn back the 19.7 BILLION purchase price?????????????????????


J&J receives U.S. approval for $19.7B Synthes acquisition. Johnson & Johnson (JNJ) expects to close its $19.7B purchase of Synthes tomorrow after receiving the all clear from U.S. regulators. A J&J subsidiary initiated around $12.9B in accelerated buyback agreements to help finance the cash-and-stock acquisition. The Synthes deal will add $0.03-0.05 to 2012 EPS, a turnaround from a prior forecast for a $0.22 reduction.