Lackluster $24 bln medical merger better than none
NEW YORK (Reuters Breakingviews) - Obamacare lives on. Republican U.S. lawmakers haven't yet repealed the Affordable Care Act, as it's formally known. Healthcare companies have to live with it, too. Becton Dickinson's $24 billion deal to buy C.R. Bard is one result. The expected cost savings fall well short of justifying the 25 percent premium. But scale brings needed negotiating power selling needles and catheters to hospitals.