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Kimberly-Clark Corporation

Kimberly-Clark Begins Tender Offer to Acquire I-Flow Corporation

Published in Healthcare Mergers, Acquisitions and Ventures Week, November 7th, 2009

Kimberly-Clark Corporation (NYSE:KMB) today will commence a cash tender offer to purchase all outstanding shares of common stock of I-Flow Corporation (NASDAQ:IFLO). On October 9, 2009, the companies previously announced a definitive agreement whereby Kimberly-Clark would acquire I-Flow in a cash tender offer and subsequent merger for approximately $324 million on a fully diluted basis.

Upon the successful closing of the tender offer, stockholders of I-Flow will receive $12.65 in cash for each share of I-Flow common stock tendered in the offer, without interest and less any required withholding taxes. If more than 50 percent but less than all of the outstanding shares...

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