FastSaying
At this stage in the negotiation process, we believe decisions are being made not only on dollars and cents, but also ego, strategy and a broader view of the competitive landscape.
Joanne Wuensch
Negotiation
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Interestingly, (Boston Scientific) only raised its bid by $1, signaling that price is but one factor in the negotiation - but includes timeliness of closure.
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In our opinion this news is not new and should not slow down the merger with Guidant.
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They're certainly making it harder for J&J to come back. Strategically we believe Boston Scientific with Guidant is a better match.
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