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Business News Archive - January 08, 2006

By Debra Sherman and Jessica Hall CHICAGO/PHILADELPHIA (Reuters) - Boston Scientific Corp. on Sunday formalized its $25 billion cash and stock offer to acquire Guidant Corp. in a move to woo the medical-device maker away from its existing merger partner, Johnson & Johnson.

Boston Scientific Corp. on Sunday formalized its $25 billion cash and stock offer to acquire Guidant Corp. in a move to woo the medical-device maker away from its existing merger partner, Johnson & Johnson.

Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.