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Bausch & Lomb Settles Suits Over Proposed Merger

Law360 (September 4, 2007, 12:00 AM EDT) -- Bausch & Lomb Inc. disclosed Friday that it has agreed to settle a pair of shareholder lawsuits relating to its proposed merger with private equity firm Warburg Pincus LLC.

In a filing with the U.S. Securities and Exchange Commission, Bausch & Lomb said it had entered into a memorandum of understanding to make additional disclosures to its shareholders regarding the deal. The parties will then enter into a stipulation of settlement, after which a court will hold a hearing on the fairness and adequacy of the...
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