Hill-Rom Shares Rally On Reports of Baxter Deal Talks -- Update
28 Luglio 2021 - 8:10PM
Dow Jones News
By Colin Kellaher
Shares of Hill-Rom Holdings Inc. rose nearly 9% Wednesday after
published reports that Baxter International Inc. is in talks to buy
the medical-equipment maker.
The talks are at an early stage, and Chicago-based Hill-Rom has
already rebuffed a $144-a-share bid from Baxter, according to
people familiar with the matter.
The talks were first reported by Bloomberg.
Hill-Rom shares were recently up 8.7% to $134.49, while shares
of Baxter slipped 0.1% to $82.04.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 28, 2021 13:56 ET (17:56 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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