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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Hill Rom Holdings | NYSE:HRC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 155.96 | 0 | 00:00:00 |
From Nov 2019 to Nov 2024
By Colin Kellaher
Shares of Hill-Rom Holdings Inc. rose 4% in premarket trading on Thursday after the medical-equipment maker agreed to be acquired by Baxter International Inc. for $10.5 billion.
Baxter, a Deerfield, Ill., medical-technology company, said it would pay $156 a share in cash for Chicago-based Hill-Rom.
The purchase price is 26% above Hill-Rom's closing price of $123.78 on July 27, the last trading day before published reports said the company had rebuffed a bid of $144 a share from Baxter.
The Wall Street Journal on Sunday reported that Baxter was closing in on a deal to buy Hill-Rom for about $150 a share.
Hill-Rom shares, which closed Wednesday at $145.06, were recently changing hands at $150.85 in premarket trading. Shares of Baxter gained 1.6%.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 02, 2021 09:11 ET (13:11 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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