Yacktman Funds Comments on C.R. Bard Inc.

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Mar 12, 2014

During the fourth quarter, C.R. Bard Inc’s shares rose sharply as the company received more than $800 million in pre-tax proceeds from a long-running patent lawsuit victory. The company has already used some of the proceeds to make acquisitions and increase its investments in attractive new technologies. We think C.R. Bard Inc. is positioned to be one of the fastest growing health care companies over the next few years.

From Yacktman Funds' 2013 Annual Report - Portfolio Manager's Comments