Johnson & Johnson may back out on Guidant deal
3rd Nov 2005, 10:52 GMT
INDIANAPOLIS - Johnson & Johnson warned Wednesday it might pull out of a $25.4 billion deal to buy Guidant Corp. because of potential liability arising from the medical device maker's sweeping product recalls and a regulatory investigation. But Guidant officials said J&J was legally bound to go through with the deal.
Johnson & Johnson may back out on Guidant deal related news:
- Johnson & Johnson May Nix Guidant Deal — NBC 17 - Money
- Johnson & Johnson says it might not complete Guidant deal — Breaking Business (AP)
- JVamp;J threatens to drop its deal for Guidant — Business - International Herald Tribune
- J&J threatens to drop Guidant deal — Boston Globe -- Business News
- J&J may no longer purchase Guidant — Business headlines from DaytonDailyNews.com
- FTC clears way for Johnson & Johnson acquisition of Guidant — New Jersey News
- J&J getting cold feet over Guidant deal — HeraldTimesOnline.com
- J&J threatens to back out of Guidant deal — FT.com / Home US
- J & J says Guidant deal on hold — United Press International - NewsTrack
- Johnson & Johnson may not buy Guidant — PittsburghLIVE.com