NEW YORK (TheStreet) — To make the largest deal in its 126-year history an earnings boost, Johnson & Johnson is keeping its acquisition of Synthes as far as from the U.S. taxman as possible.
After receiving regulatory clearance for its $19.7 billion acquisition of Swiss medical device maker Synthes, Johnson & Johnson says the mega-deal will add to earnings per share after previously forecasting dilution: All with the help of bankers JPMorgan Chase and Goldman Sachs. …
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Click to research the Drugs industry.Read more: Johnson & Johnson’s Synthes Deal Revives Foreign Tax Debate
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