Advanced Medical wants Bausch for its contact lens and eyeglasses lines, which would complement its own product line of eye solutions and laser vision correction tools. Sources: Wall Street Journal, MarketWatch, Bloomberg, Reuters Commentary: Bausch & Lomb To Be Taken Private for $4.5B; Traders Anticipate Higher Bids • Advanced Medical Optics Considering Offer for Bausch & Lomb • Advanced Medical Optics: Shares Plummet on MoisturePlus Recall Stocks/ETFs to watch: Advanced Medical Optics, Inc. ( EYE ), Bausch & Lomb Inc. (BOL). Competitors: Alcon Inc. (ACL), Cooper Companies Inc. ( COO ) Seeking Alpha's news briefs are combined into a pre-market summary called Wall Street Breakfast. Get Wall Street Breakfast by email -- it's free and takes only seconds to sign up.