BEHIND THE NEWS: Payoff from Guidant sale disappoints some analysts New Warsaw public company More big Conseco pay
Guidant Corp.’s sale to Johnson & Johnson is valued at an eye-popping $25.4 billion, the largest price tag ever for an India n a p o l i s – b a s e d company. Even so, for shareholders the merger doesn’t create the euphoria often associated with mega-deals. Guidant shares barely moved on the first day of trading after New Jersey-based J&J announced the $76-a-share pact. Analysts say part of that is because investors already had factored expectations…