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6:17 PM
 | 
Apr 07, 2008
 |  BC Extra  |  Top Story

Novartis to acquire stake in Alcon

Novartis (NYSE:NVS; SWX:NOVN) will acquire a 25% stake in Alcon (NYSE:ACL) from Nestle (SWX:NESN) for $143.18 per share, or about $11 billion in cash. The price is a 4% discount to Alcon's close of $148.44 on April 4, the day before the...

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