- According to people familiar with the matter, Baxter International Inc BAX 0.6% is reportedly in talks to buy Hill-Rom Holdings Inc HRC 9.12%.
- The talks are at an early stage, some of the people said, and there’s no guarantee a deal will be reached.
- It would be pretty substantial should there be one, as Hill-Rom has a market value of about $8 billion.
- Hill-Rom has already rebuffed a $144-per-share bid from Baxter, Wall Street Journal reported.
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