Bausch + Lomb Stock Pops as TPG, Blackstone Consider Joint Bid

Key Takeaways Bausch + Lomb shares surged Monday following reports Blackstone and TPG are considering teaming up to buy the eyecare company. A bid from Blackstone and TPG could reportedly value the company between $13 billion and $14 billion. Formal bids for the eyecare maker are expected by the end of the month. Bausch + Lomb Corporation (BLCO) shares popped Monday morning following reports Blackstone (BX) and TPG (TPG) are considering teaming up to buy the eyecare company. A bid from Blackstone and TPG co ...