April 18, 2013 / 11:16 AM / 5 years ago

Baxter posts lower earnings on acqusition-related expenses

April 18 (Reuters) - Baxter International Inc on Thursday said its quarterly net earnings fell slightly, even as sales rose, as acquisition-related costs ate into profits.

Net earnings were $552 million, or $1.00 per share, in the first quarter, compared with $588 million, or $1.04 per share, in the year-earlier period.

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