Why Covidien Is Buying Given Imaging at a Premium

Dec. 9 (Bloomberg) -- Given Imaging jumped the most on record after Covidien Plc offered to buy the Israeli maker of swallowable cameras at a 27 percent premium to the closing price of its U.S.-traded stock. Elliott Gotkin reports on Bloomberg Television's "Countdown." (Source: Bloomberg)
How Financial Markets Blocked Fed's Inflation Fight
23:59 - Jacob Frenkel, chairman at JPMorgan Chase International, discusses the impact of monetary policy on inflation and explains why the Fed's attempts were blocked in the United States. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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