Baxter International (BAX) has approached medication management software vendor Omnicell (OMCL) with a takeover bid, Reuters reported ( ), citing people familiar with the matter. Baxter's offer is in excess of $120 per share, the report said. Neither company responded to Reuters. Omnicell shares surged in after-hours trade on Tuesday to $125, after ending the regular session at $109.88.
-Steve Goldstein; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
December 09, 2020 04:54 ET (09:54 GMT)
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