J&J to buy hair care products maker Vogue for $3.3 billion

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Vogue Int'l Highlights J&J's (JNJ) Willingness to Pay Richly for Growth - BTIG

June 2, 2016 11:31 AM EDT

BTIG affirms Johnson & Johnson (NYSE: JNJ) with a Netural rating amid news that it will acquire Vogue Int'l for around $3.3 billion.

Analyst Dane Leone commented today: Acquisition of Vogue International does not markedly change JNJs financial position, but does highlight that JNJ will... More