We suspect the new Boston Scientific offer was developed with input from the Guidant board, so it's likely that the Guidant board will declare it superior to J&J's latest offer.
Larry Biegelsen
Related We ask that you declare any subsequent offer with improved terms from Boston Scientific as superior. IVAN KRSTICEVIC If J&J is not willing to up their bid, I think Guidant will be going to Boston Scientific. DEBBIE WANG They're certainly making it harder for J&J to come back. Strategically we believe Boston Scientific ... JOANNE WUENSCH At this point, we do not know if J&J is simply trying to force Boston Scientific to go higher, or if... BOB HOPKINS Although the strategic rationale for combining Boston Scientific and Guidant appears compelling, we ... LARRY BIEGELSEN There's only one definitive offer for Guidant, and that's the one from Johnson & Johnson. JEFF LEEBAW There's only one definitive offer for Guidant and that's the one from Johnson & Johnson. JEFF LEEBAW I would try to settle all the outstanding liability claims at this point in time, so that it doesn't... ALLEN MICHEL My take is that J&J would still like to do the deal but that Guidant is unwilling to negotiate the p... PATRICK KASER J&J has a basis for wanting a discount to the original terms and clearly seems headed down that path... BOB HOPKINS J&J has a basis for wanting a discount to the original terms and clearly seems headed down that path... BOB HOPKINS The board of education put its best offer on the table tonight. BILL NOLAN I think J&J has a claim. I don't think they are going to have to pay Guidant. JOANNE WUENSCH We believe that Boston Scientific can raise its offer to $78 a share and still maintain an investmen... LARRY BIEGELSEN I don't see where this deal can be salvaged, ... I don't think J&J wants to risk its own reputation ... ROBERT GOLD The policy was a process that has been set by the state board to prevent a land-grab movement. This ... FRANK ZANG Q4 is behind us, and what the Boston Scientific investment thesis is now is the future, and particul... THOMAS GUNDERSON The reality is, J&J probably doesn't care, ... It has the money to pay whatever breakup fee is invol... JOHN PUTNAM Once we get the proposal from the athletic directors, then I will submit a proposal to the school bo... EUGENE WHITE The board believes the process we've embarked on will deliver higher value to stockholders than the ... BARRY PERRY The refusal of Warner-Lambert's board to give due consideration to the Pfizer offer, and the coerciv... ALAN G. HEVESI In our opinion this news is not new and should not slow down the merger with Guidant. JOANNE WUENSCH I want to make it clear that Stacker has not been terminated (sic). The fact is that the board has m... DAVID CARMICHAEL The board has no intention of carrying out a capital increase with the sole purpose of blocking any ... JOSEPH KINSCH Everyone will be eager to hear how much confidence management has on the potential closing of the Gu... ELI KAMMERMAN Essentially, they (Guidant) are going to say ... yes there have been issues at Guidant, but do those... FRANK AQUILA The Board strongly believes that, based on this offer, Patrick shareholders are better off without T... CHRIS CORRIGAN We have not made a decision yet when they will be made up. We'll be looking into that and getting in... GINGER EAST After considering several offers for the company, (the board) has unanimously endorsed and is recomm... YVES FORTIER We are very happy to have Dirty Angel Productions on board with us. This just adds to the already gr... MICHAEL ATKINS They did their due-diligence over the past two weeks, the last three weeks, and then we had an offer... HAYNE HIPP The board of directors is not making a recommendation to shareholders to accept or to reject the off... SAM LEWIS ICD sales were up 30 percent, so they gained about a point of market share from Guidant, JEFF JONAS The offer that we have now is almost identical to the offer that was associated with separation that... JOE CHANDLER The refusal of Warner-Lambert's board to give due consideration to the Pfizer offer, and the coerciv... ALAN HEVESI The refusal of Warner-Lambert's board to give due consideration to the Pfizer offer, and the coerciv... ALAN HEVESI The refusal of Warner-Lambert's board to give due consideration to the Pfizer offer, and the coerciv... ALAN G. HEVESI Underneath the covers I believe that Abbott wants to be a device player and for the first time they ... RYAN RAUCH With their current offer the board is given the option of protecting themselves by rehiring every th... TIM MARCHANT We continue to work with Guidant to understand and evaluate the impact of the various (recalls) that... JEFFREY LEEBAW Whirlpool has to put pressure on the Maytag board to focus on the superior value of its bid. DAVID MACGREGOR If the Guidant shareholders approve the acquisition on Jan. 31, we would close shortly thereafter. JEFF LEEBAW We developed a team to select a board and took it to the commissioners and that's how the library (a... KATHRYN BLEHART We doubt this show is over, and in the end we expect that Boston Scientific will increase its bid. JOANNE WUENSCH In the past, it was fine with the board that the oversight committee not report to the district, but... DALE FRIEDMAN Given the inflexibility of the board and its perfunctory dismissal of a reasonable acquisition propo... GLASS LEWIS We strongly believe that our union with Guidant is the only one that can deliver and create lasting ... WILLIAM WELDON I had hoped that the board would accept Johnny Hon's offer of a loan to buy the stadium back for... ANNE CAMPBELL The scientific method gives us
information by testing and repeating observable things so that we
can... LEWIS N. ROE When the board members examined the options, they decided that putting up a new building with all th... DAVID ARMSTRONG I just don't see how his offer creates value for shareholders, so the board is right in refusing. Hi... JACQUES KAVAFIAN The creation of this Board, separate and distinct from Alba's Scientific Advisory Board, will provid... BLAKE PATERSON Whoever ends up getting Guidant at this point will probably end up paying too much. ALLEN MICHEL Today is the fifth business day since Guidant gave such notice. That's all that we're going to say a... JEFF LEEBAW The proposals weren't, in any way, a disrespect to the union. The board really did feel like they we... STEPHANIE JONES We weren't happy with that so our recommendation to the board was to reject those bids. BOB GARRISON My impressions are that the board has decided that they can do what they want to without input from ... DAVID GRIFFITH Boston, Hartford, Los Angeles and San Francisco are premier travel destinations and we are thrilled ... JOANNE SMITH And we have not taken it to the Board of Regents. Once it is approved with the Board of Regents, it ... CARY GROTH While the testimony will likely garner headlines, we don't believe it will significantly increase th... BLAIR LEVIN Over the last four years, the board has worked with Prairie Grove and Crystal Lake to establish high... SUPERINTENDENT MARY FASBENDER was a conditional offer So we dont deal with that. HARRY THOMAS We had a board meeting Thursday and got a lot of public input about the levy. MICHAEL GRUBBS We want feedback from all those who our closely involved in every aspect of the process of educating... LISA BRIDGES The donors on the executive board expressed pretty serious concern about the operating conditions th... GERALD BOURKE It is all over the board. There is certain new stuff from the latest record that we are expanding on... BILLY MARTIN The price is quite rich. This is an all-cash offer, 100 percent of the stock, very few conditions an... JACQUES KAVAFIAN Overall, we found results in the quarter to be generally weak, but believe the strong market reactio... GLENN REICIN My name has been proposed for match referee?s job. I was first given an offer in 2002 but could not ... DILIP VENGSARKAR Most of the time, adults say they are just here to watch. I always offer to give them my helmet and ... ERIK SKARVAN I think we've seen the easiest it has to offer. I would hope they don't look at a couple of red numb... OLIN BROWNE Greater clarity regarding this transaction and future growth goals (without the Guidant acquisition)... GLENN REICIN Greater clarity regarding this transaction and future growth goals (without the Guidant acquisition)... GLENN REICIN Allied has decided not to put our offer in front of its shareholders, so we will do it for them, PUNCH The sequencing of the pig genome is a scientific advance that will offer great benefits for consumer... MAX ROTHSCHILD We welcome the determination by the Maytag board of directors that ours is a superior proposal and l... JEFF M. FETTIG We welcome the determination by the Maytag board of directors that ours is a superior proposal and l... JEFF M. FETTIG Collaboration is the best way to work. It's only way to work, really. Everyone's there becau... ANTONY STARR The best thing that Congress could do right is to go back to the drawing board and offer targeted as... TRAVIS PLUNKETT If an offer is received, we will consider that on its merits, IAN RUSSELL We will have a board meeting this evening where we will decide whether it is possible for us to star... ERKKI SALO We believe that we are picking up the majority of whatever business Guidant couldn't fulfill because... ART COLLINS We wouldn't have heard the end of that, so it was nice to put a win on the board. LORI STUNZ just the latest in a series of troubling decisions by the Board of Education. KATHLEEN SEBELIUS This agreement with Johnson & Johnson provides significant financial value and certainty for shareho... JAMES CORNELIUS This agreement makes sense for Guidant shareholders and employees. It amplifies the opportunity for ... JAMES CORNELIUS A combination of new product launches, contract selling, Guidant missteps, and a favorable market dy... THOMAS GUNDERSON Before, the commissioner from that district has made the decision. I won't be the one choosing the n... GREG BECK In keeping with good Corporate Governance practices and our commitment to create a more independent ... DR. RANDALL YATSCOFF No matter who wins the election, we'll bring three new people to the board. Hopefully that will brin... WILLIAM JANOS I shared with the board of directors ... that, with the deepest reluctance and if the board so desir... RICHARD GRASSO The zoning board did its job. We heard from all the parties and there were a lot of residents worrie... BILL MARTIN When looking for evidence that something exists, it's silly
to start by assuming that it is impossib... LEWIS N. ROE Using the scientific knowledge that we
currently possess, we can take simple logical steps, backed b... LEWIS N. ROE We at Guidant recognize that there is an increased appetite for information from our industry among ... STEVE TRAGASH On behalf of the board of education, I offer congratulations for this wonderful recognition, ... We ... JOHN ABBOTT We know we have to compete hard for our business. And we think we will offer advertisers better valu... YUSUF MEHDI The board was comfortable with going forward and pursuing it slowly. It's still in the infancy stage... BOB BLAKELY It's consistent, bad decisions based on profit, not patient health. The documents I received from Gu... BOB HILLIARD It took from 1967 to 2003—over three decades—to build the big men. It took a decade—2003 to 20... RICHARD ENGEL
More Larry Biegelsen
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