Word: mergers
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McArthur said he would continue in hispositions as Chair of the Mass General/Brigham andWomen's merger as well as Chair of the Brigham...
...offer values the Wellcome shares at 49% above their price before the Glaxo bid. The Wellcome Trust--a charitable foundation that has a 39.5% stake in the drugmaker and is Wellcome's biggest stockholder-- confirmed that it would seek court permission to sell its shares. If completed, the merger would make the new firm among the largest corporations in Britain and the biggest drug manufacturer in the world...
From here on, the memories cut too close to be laughed at with such insouciance. Take the weird belief of the 1980s in mergers for their own sake, irrespective of what was being merged-and even if the merger could be accomplished only by borrowing so many billions as to crush the merged company under a mountain of debt. We are still living with the consequences. The need to undo some mergers helped launch the downsizing mania that has spawned a crazy credo: companies exist not for the purpose of producing goods and services, nor even maximizing profits...
...boards of the medical staff and administrative staff of both institutions will be involved in this very comprehensive process over the course of the next 90 days to determine the feasibility of a formal affiliation that could lead to a merger," Fallon said. "A merger is the goal but the 90 day period will determine if that is possible...
...organizations are optimistic for the merger possibilities...