U S Surgical Company

Tyco International Ltd. agreed to buy U.S. Surgical, a surgical products company, for $3.3 billion in stock, in a move that would add to Tyco's disposable medical products business. U.S. Surgical shares would be swapped for 0.7606 Tyco shares, which were valued Friday at $42.50, or 8.3% higher than U.S. Surgical's closing price. U.S. Surgical, with annual revenue of $1.4 billion, makes products used in surgery, such as surgical staplers, sutures and disposable instruments.

The nation's longest-running hostile takeover marked its two-year anniversary Sunday amid signs the fight between medical device companies U.S. Surgical Corp. and Circon Corp. may be nearing an end. The target, Santa Barbara-based Circon, has begun shopping itself to prospective buyers because of declining sales, intense competition and an upcoming shareholder meeting that could give hostile bidder U.S. Surgical control of its board, sources said. In fighting the bid from U.S.

The nation's longest-running hostile takeover marked its two-year anniversary Sunday amid signs the fight between medical device companies U.S. Surgical Corp. and Circon Corp. may be nearing an end. The target, Santa Barbara-based Circon, has begun shopping itself to prospective buyers because of declining sales, intense competition and an upcoming shareholder meeting that could give hostile bidder U.S. Surgical control of its board, sources said. In fighting the bid from U.S.

Tyco International Ltd. agreed to buy U.S. Surgical, a surgical products company, for $3.3 billion in stock, in a move that would add to Tyco's disposable medical products business. U.S. Surgical shares would be swapped for 0.7606 Tyco shares, which were valued Friday at $42.50, or 8.3% higher than U.S. Surgical's closing price. U.S. Surgical, with annual revenue of $1.4 billion, makes products used in surgery, such as surgical staplers, sutures and disposable instruments.

Talk about inflation--between 1970 and 1990, the number of people in the United States reporting adjusted gross incomes of more than a million dollars increased by nearly 9,500%, from 642 to 60,677. Some would see that growth as a sign of a rapidly expanding economy, or proof that the American dream is still alive, but it's probably more accurate to read the surge as an indication that the much-celebrated free market is often nothing of the kind.

Before there was "Jake the Snake" at Arizona State there was "Van the Man." Before that, it was Frank "Fill in the Blank" Kush. This, essentially, is the history of Arizona State football. Three men. Three eras. Three defining moments. Kush, who coached 22 seasons, from 1958 to 1979, put the school on the map, on the hot seat after allegedly slapping punter Kevin Rutledge, then on NCAA probation. Kush's crowning moment was the 1975 Fiesta Bowl, when he capped a 12-0 season and No.