It was a very good quarter. We beat Wall Street consensus estimates for revenue, and we believe we met them for earnings.
More Quotes from Paul Donovan:
We've reviewed the intellectual property issues and are comfortable proceeding with the transaction. We don't expect this issue to impact the transaction.Paul Donovan
We continue to move forward on our due diligence with the goal of reaching a definitive agreement with Guidant. I don't think we're going to have anything more to say right now.
Paul Donovan
We believe our 72 proposal is better for Guidant, its shareholders and its employees than Johnson Johnson's revised offer. We are offering significantly more value, and there is strong upside potential over time.
Paul Donovan
Tax revenues are going to be lower. Fewer people will have jobs, fewer people will pay income tax, more people get unemployment benefits, so government spending goes up.
Paul Donovan
We're pleased to close this chapter, and put this matter behind us. We can now direct our full attention to developing our life-saving products and technologies.
Paul Donovan
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