Tuesday, July 10, 2007

Bausch & Lomb files proxy for Warburg Pincus offer

(Reuters) - NEW YORK, July 10 - Eye-care company Bausch & Lomb Inc. said on Tuesday it filed with U.S. regulators to move ahead with its sale to affiliates of Warburg Pincus [WP.UL] despite a higher rival offer being on the table.



Bausch & Lomb said it will hold a special meeting of shareholders to consider Warburg Pincus's offer of $65 per share in cash. The date for the meeting will be specified in a definitive proxy statement mailed to shareholders.


Read more at Reuters.com Mergers News

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