J&J opens its wallet with whopping $8.9B talc settlement offer

Johnson & Johnson's talc saga may finally be nearing an end.

The drugmaker on Tuesday said it’s offering $8.9 billion over 25 years to resolve all lawsuits claiming that the company’s talc-containing baby powders caused cancer. The deal proposal comes after years of litigation and a high profile, $2 billion verdict which J&J unsuccessfully appealed all the way to the Supreme Court.