New Brunswick, N.J.-based Johnson & Johnson agreed to buy Closure Medical for about $370 million.

RALEIGH -- New Brunswick, N.J.-based Johnson & Johnson agreed to buy Closure Medical for about $370 million. Closure makes liquid bandages and other adhesives. The companies already were marketing partners. Closure will keep its name, and no layoffs are expected.

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Title Annotation:	TRIANGLE; New Jersey
Comment:	New Brunswick, N.J.-based Johnson & Johnson agreed to buy Closure Medical for about $370 million.(TRIANGLE)(New Jersey)
Publication:	Business North Carolina
Article Type:	Brief Article
Geographic Code:	1USA
Date:	May 1, 2005
Words:	40
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