The transaction is subject to approval by AMS stockholders and clearance by the relevant antitrust authorities, and is expected to close late in the third quarter of 2011.
Morgan Stanley and BofA Merrill Lynch have provided fully committed financing to Endo to close this transaction.
Financial Guidance Reiterated
Endo also reiterated its stand alone 2011 revenue guidance of between $2.35 to $2.45 billion and full year adjusted diluted earnings per share to be between $4.20 to $4.30 per share. Endo also estimates reported (GAAP) diluted earnings per share to be between $2.43 and $2.53 per share.
Conference Call and Webcast Information
Endo's management team will host a conference call and audio webcast on Monday, April 11 at 8:30 a.m. EDT to discuss this transaction. Interested parties may call 866-383-7989 (domestic) or 617-597-5328 (international) and enter code 72064439. Please dial in 15 minutes prior to the scheduled start time. A replay of the call will be available until 11:59 p.m. EDT on April 24 by dialing 888-286-8010 (domestic) or 617-801-6888 (international), passcode 63346249.
A simultaneous audio Webcast of the call may be accessed by visiting www.endo.com. A replay of the Webcast will be available until 11:59 p.m. EDT on April 24. The replay can be accessed by clicking on "Events" in the Investor Relations section of the Website. Please connect to the Website at least 15 minutes prior to the start of the conference call to ensure adequate time for any software download that may be necessary.
Endo Pharmaceuticals is a U.S.-based, specialty healthcare solutions company, focused on high-value branded products
|SOURCE Endo Pharmaceuticals; American Medical Systems|
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