Word: ohio
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Dates: during 2010-2019
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...Cardinal Health in August, the prognosis was grim. The nation's second largest drug distributor, Cardinal had lost a third of its value the previous year. The U.S. Drug Enforcement Administration (DEA) had suspended several of the company's licenses. What's more, the firm, based in Dublin, Ohio, was about to spin off its lucrative medical-tech arm, CareFusion, sparking a further double-digit drop in its stock price. In other words, Barrett deadpans, "we had some challenges...
Cardinal's somewhat haphazard acquisition strategy proved difficult to manage, though. Cardinal started as a small Ohio food distributor in 1971, and eight years later, founding CEO Robert Walter moved the company into pharmaceuticals. Over the next two decades, he transformed the firm into a $75 billion conglomerate. "It was a very entrepreneurial company, founded out of the back of this Harvard Business School guy Bob Walter's car," says Lisa Gill, a JPMorgan analyst who has covered Cardinal since 1999. "People talked about Cardinal wanting to be the GE of health care...
...Kevin Bales, founder of Free the Slaves, estimates the number of modern-day slaves in the U.S. to be between 40,000 and 50,000. Leaving out this information allows readers to assume that it is a problem only in a faraway place. Elizabeth Tromans Hamilton, Ohio...
...then there was football, which he also excelled at as a defensive lineman—so much so that he had full scholarship offers from Division I schools such as Northern Illinois, Miami of Ohio, and Central Michigan sitting on the table...
Elizabeth Tromans, HAMILTON, OHIO...