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...International, the big multinational health-care company (2007 sales: $11.26 billion) based in Deerfield, Ill., arrived in Zhejiang province, China, about two hours by car from Shanghai, to inspect a facility owned by one of its key suppliers. CZ-SPL is a joint venture controlled by Scientific Protein Laboratories LLC (SPL), a Waunakee, Wis., company started in 1976 by Oscar Meyer, of hot-dog fame. (The connection: pigs naturally produce proteins used in pharmaceuticals.) CZ-SPL makes a key ingredient, what in the pharmaceutical business is called an active pharmaceutical ingredient, or API, for a drug called heparin, a blood...

Author: /time Magazine | Title: Heparin's Deadly Side Effects | 11/13/2008 | See Source »

Getting the federal money, however, might be only half the battle in a GM-Chrysler merger. Sources who have been briefed on the private discussions about the merger have indicated Cerberus LLC, the New York City-based private-equity firm that owns 80% of Chrysler, would want a significant stake in any company that emerges from the deal. That would include a number of seats on the board and a voice in deciding who actually manages the new company...

Author: /time Magazine | Title: GM and Chrysler, Near a Deal, Press for Federal Aid | 10/30/2008 | See Source »

...Cerberus LLC, the New York-based private-equity company that runs Chrysler is prepared to take what is described as a significant stake in any new auto company that may be created by merging General Motor and Chrysler. Many observers had concluded that Cerberus believed it had been burned after buying an 80.1% stake in the struggling No. 3 automaker in 2007. At one point, there was speculation that Cerberus was trying to find a way to unload its ownership in the car company. However, an executive familiar with the talks tells TIME that Cerberus is not preparing to walk...

Author: /time Magazine | Title: How Likely is a GM-Chrysler Merger? | 10/13/2008 | See Source »

Greg Robinson, who mentored Rajaram at PricewaterhouseCoopers, brought him in as a partner at Azur Partners LLC, in September 2003. Yet he viewed Rajaram as "an emotionally unstable person for as long as I've known him. He's always been a bit flamboyant, reckless." Their partnership didn't last a year. He says Rajaram was fired in June 2004 because of erratic behavior, including joining conference calls while inebriated and missing client meetings. Despite this, Robinson, CEO of Outpost Entertainment Inc., says he remained friends with Rajaram, though the two hadn't spoken since 2005. "He could have called...

Author: /time Magazine | Title: Murder-Suicide in California: A Tragedy of the Financial Crisis? | 10/8/2008 | See Source »

...network has been in the works for months but had been stalled due to the complexity of creating the set-up, said Denise A. Jillson, executive director of the Square Business Association, who added that the process sped up significantly once an outside company, Anaptyx, LLC, was brought in to help with installation...

Author: By Clifford M. Marks, CRIMSON STAFF WRITER | Title: Square Unveils Free Internet | 6/4/2008 | See Source »

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