A "Shock and Awe" Acquisition
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 1 November 2022
⏱️ 26 minutes
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| 0:00.0 | We've got a big deal in healthcare and some budget shortcuts that anyone can take. |
| 0:09.9 | Motleyful Money starts now. |
| 0:11.5 | I'm Chris Hill, joining me today in Motleyful's Senior Analyst, Bill Mann. |
| 0:20.7 | Happy November. |
| 0:21.7 | Sure, if you say so, how you doing? |
| 0:24.0 | Well, if November goes as well for the market as October did, I think I'm doing pretty |
| 0:29.0 | well. |
| 0:29.9 | I ended up having to buy a surprise new water heater yesterday. |
| 0:36.8 | And I do love surprises in general, but a surprise new water heater that you have to pay |
| 0:42.2 | for is pretty low on the list. |
| 0:44.4 | Yeah, it was a good, it was a good October. |
| 0:47.9 | The markets were happy. |
| 0:49.8 | I guess I would have been less happy about my surprise new water heater at the beginning |
| 0:54.1 | of October than at the end of October. |
| 0:56.7 | So good news. |
| 0:58.7 | Let's keep a good thought. |
| 1:00.0 | We're going to start with the deal of the day and possibly end up being the deal of the |
| 1:04.6 | week. |
| 1:05.6 | Johnson and Johnson is buying Abium Ed, a medical device company that makes heart pumps. |
| 1:11.1 | This is a $16.6 billion deal. |
| 1:15.2 | And Johnson and Johnson must have really wanted this company because they are paying a 50% |
| 1:20.0 | premium on where the stock was previously. |
... |
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