Cravath Guides Linde's $4.6B Offer For US Medical Co.

Law360, New York (July 2, 2012, 2:19 PM EDT) -- German industrial gas supplier Linde AG made a $4.6 billion offer for Lincare Holdings Inc. on Monday, ending a week of speculation about a takeover of the Florida-based home health care company.

The deal would give Linde a broader entry in the U.S. market to supply ventilators, oxygen tanks and other medical supplies to people with respiratory conditions like asthma and emphysema.

The Munich-based company said it will pay $41.50 per share, a 64 percent premium to Lincare's closing price on June 26, the day before...
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