Thursday morning, Advanced Medical Optics Inc. confirmed it is interested in pursuing an acquisition of Bausch & Lomb Inc. On May 16, Warburg Pincus agreed to take B&L private for about $4.5 billion, including $830 million in debt. The agreement included a go-shop clause that allows Bausch & Lomb to pursue other deals. Enter AMO, which says the current offer undervalues the firm and that it's now exploring a superior one. — Baz Hiralal

Go to the story on the Warburg Pincus deal
See the statement made by AMO
Read the story about AMO’s interest

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