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Tyco Takes a Huge Step Forward with US Surgical Acquisition

Executive Summary

With this deal, Tyco significantly enhances the product expansion it began on behalf of its Kendall medical products business when it purchased American Home Products' medical device businesses several months ago. The addition of US Surgical now makes Kendall a strong competitor to chief rival Johnson & Johnson with important brands in surgical staplers and electrosurgical equipment, and high tech businesses in cardiovascular and gynecology.

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