Warburg to buy Bausch & Lomb for $3.67bnAgencies/Our Web Bureau / New York May 16, 2007Eye-care company Bausch & Lomb Inc said today that it will be acquired by private equity firm Warburg Pincus for about $3.67 billion.Under the terms of the agreement, Warburg Pincus will acquire all the outstanding shares of Bausch & Lomb common stock for $65 per share in cash.The total value of the deal, including debt, is $4.5 billion.Given below is the press release by Bausch & Lomb on their website:Bausch & Lomb signs merger agreement with Warburg PincusBausch & Lomb Shareholders to Receive $65.00 per Share in Cash;Transaction Valued at $4.5 BillionRochester, New York