Hill-Rom Holdings may potentially be acquired by another medical equipment maker. The Batesville-based corporation recently rejected a $9.6 billion takeover offer, which it indicated was, “too low,” from Baxter International, Inc. a Deerfield, IL based health care company, per a Bloomberg News Wire report published July 28. When contacted, Hill-Rom provided the following statement: “we are aware of the reports and as a matter of long-standing policy we routinely decline to comment on market speculation.” 

Bloomberg News Wire’s report noted that Hill-Rom share prices increased by as much as 15% on July 28.