News: Deals: Reports

Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

Advanced Medical Optics Inc & Abbott Laboratories	Update Date: 02/20/09
Date Announced: 01/12/09
Value (million $USD): 1.38 billion U.S. Dollar

Status: Pending

TRANSACTION DETAILS
Date Announced	01/12/09
Date Originally Announced	01/12/09
Format	Merger	Acquisition techniques	Tender Offer; Tender/Merger
Attitude	Friendly	Agency	Federal Trade Commission; Justice Department
Value	1.38 billion U.S. Dollar	Advisor Fees	n/a

SYNOPSIS
US - Abbott Laboratories definitively agreed to acquire all the outstanding common stock of Advanced Medical Optics Inc, a manufacturer and wholesaler of eyecare equipment, via a tender offer for $22 in cash per share, or a total value of $1.378 bil. The transaction was subject to customary closing conditions and regulatory approvals.

TARGET
Name	Advanced Medical Optics Inc (EYE)
Industries	Ophthalmic goods; Medical, dental, and hospital equipment & supplies
City	Santa Ana
State	CA
Nation	United States
Incorporated in	DE
Public Status	Public
Business Description	Advanced Medical Optics Inc, located in Santa Ana, California, manufactures and wholesales eyecare surgical equipment and products, with a focus on cataract surgery; Products in the cataract/implant line include intraocular lenses, phacoemulsification systems, viscoelastics, and related products used in cataract and refractive lenticular surgery. Products in the laser vision correction line include laser systems, wavefront diagnostic systems, microkeratomes and related products used in corneal refractive surgery.
Advisors	UBS Investment Bank; Goldman Sachs & Co
Target Sales	1.20 billion U.S. Dollar

ACQUIROR
Name	Abbott Laboratories (ABT)
Industries	In vitro and in vivo diagnostic substances; Medicinal chemicals and botanical products; Biological products, except diagnostic substances; Laboratory analytical instruments; Surgical and medical instruments and apparatus; Electromedical and electrotherapeutic apparatus; Dry, condensed, and evaporated dairy products
City	Abbott Park
State	IL
Nation	United States
Incorporated in	IL
Public Status	Public
Business Description	Abbott Laboratories Inc, headquartered in Abbott Park, Illinois, manufactures and develops general pharmaceuticals and medical equipment. The company operates through its four divisions namely, Pharmaceutical Products, which offers adult and pediatric pharmaceuticals; Diagnostic Products, responsible for providing diagnostic systems and tests for blood banks, hospitals, commercial laboratories, physicians' offices, alternate-care testing sites, plasma protein therapeutic companies, and consumers; Nutritional Products, concerned with pediatrics and adult nutritional items; and Vascular Products, which provides a line of coronary, endovascular, and vessel closure devices for the treatment of vascular diseases. The company was founded in 1888.
Advisors	Morgan Stanley
Acquiror Sales	28.80 billion U.S. Dollar

Home Portfolio Calculators Contact Us Newsletters Podcasts RSS Mobile Widgets Site Map User Preferences Advertise with Us
Magazine Customer Service Download Fortune Lists Reprints Career Opportunities Special Sections Conferences Business Leader Council

Live Quotes automatically refresh, but individual equities are delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET.
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer

Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.