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Also, do you know how the options will be affected through such cash+ stock merger in general?

Once the merger is completed (and the exchange ratio is known), the Guidant contracts would be adjusted to reflect the cash consideration and the exchange ratio.

For example, if the exchange ratio turns out to be .7525, each Guidant contract would be adjusted to require the delivery or receipt of $3,040 cash + 75 shares of JNJ + cash in lieu of .25 fractional shares of JNJ. The strike price and expiration date would remain the same.

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