B&L merger approved

Article

Bausch & Lomb's shareholders have voted to approve a merger with Warburg Pincus.

Bausch & Lomb's shareholders have voted to approve a merger with Warburg Pincus.

In accordance with the terms of the merger, each outstanding share of common and Class B stock will be cancelled and converted into the right to receive $65 in cash, without interest, less any applicable withholding taxes.

The merger is expected to close early in the fourth quarter of this year.

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