Is Baxter in Advanced Talks to Acquire Hill-Rom for $10B?

Baxter could be on the cusp of making an offer to acquire Hill-Rom for $10 billion, according to a report from Dow Jones. The two companies are in “advanced talks” and the transaction is expected to be reached in the middle of the week, Dow Jones reported citing people familiar with the deal. However, the talks could still fall apart, it noted.