Becton Dickinson: CareFusion Buy Adding More To EPS

By | November 25, 2014

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Medical-supplies giant Becton Dickinson (BDX) lifted its earnings guidance related to its buyout of CareFusion (CFN) Tuesday, sending its stock up about 2% to a new high in the stock market today. In an SEC filing Tuesday, BD said it determined that it needs to incur only $7.7 billion in debt for the $12.2 billion acquisition, down from its previous estimate of $9.1 billion. It also said the interest on the debt should be lower than previously Scalper1 News

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