Monday, May 21, 2007

HOLX down on acquisition

http://money.cnn.com/2007/05/21/news/companies/hologic.reut/index.htm?source=yahoo_quote

HOLX is spending $6B to buy another company. They are using shares and some cash, and I think the shares may be dilutive but I don't know yet.

This reduces growth in the near term but may keep growth continuing for longer.

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