In April 2012, Stratasys and Objet announced plans to merge in an all-stock transaction that would result in a combined company valued at $1.4 billion. The deal, if approved, will create a leader [...]
Does a Walgreen-Rite Aid merger make sense?
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March 15, 2012, 4:42 PM
0March 15, 2012, 4:42 PM
Speculation that Walgreen may buy its smaller rival sent Rite Aid shares up nearly 10% yesterday, their highest point since mid-2008. The surge in Rite Aid’s stock was fueled by a [...]
TBC to take auto repair chain Midas private
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March 15, 2012, 12:28 PM
0March 15, 2012, 12:28 PM
The auto parts retail and services sector is seeing its second major M&A announcement of 2012. Auto replacement tire distributor TBC (a unit of Japan’s Sumitomo) agreed this week to purchase auto repair [...]
Glencore, Xstrata merger facing roadblock from some shareholders
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February 9, 2012, 4:46 PM
0February 9, 2012, 4:46 PM
On the verge of a blockbuster merger, two companies now face a roadblock by some major shareholders. The merger of commodity trading giant Glencore International and mining heavyweight Xstrata would [...]
Kentucky hospital merger still possible, despite governor’s objections
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January 5, 2012, 11:51 AM
0January 5, 2012, 11:51 AM
Three major Kentucky hospital systems that had their merger hopes dashed when Governor Steve Beshear rejected their proposal last week have received a reprieve as state officials indicate an altered [...]
AGL Resources acquires Nicor for $2.5 billion
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December 22, 2011, 10:34 AM
0December 22, 2011, 10:34 AM
AGL Resources acquires Nicor for $2.5 billion as the consolidation trend continues in the natural gas industry
Gilead charms Pharmasset for potential Hep C blockbuster
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November 21, 2011, 2:22 PM
0November 21, 2011, 2:22 PM
Pharmasset’s pumpkin carriage arrived this morning in the form of an $11 billion acquisition agreement from Gilead Sciences. The firm’s Cinderella story is a shining example of how sharply a [...]
Teva maintains strong pharma footing with Cephalon buy
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October 11, 2011, 3:06 PM
0October 11, 2011, 3:06 PM
Teva Pharmaceutical Industries is a generics powerhouse that just won’t quit. And the $6.8 billion acquisition of Cephalon, expected to close later this week, gives Teva additional strength in pain [...]
Medco/Express Scripts merger sparks anti-competition debate
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July 22, 2011, 11:41 AM
0July 22, 2011, 11:41 AM
Yesterday’s announcement of Express Script’s proposed $29 billion acquisition of another top PBM (pharmacy benefits management) firm, Medco Health Solutions, came with a full gamut of promises on how the combination [...]
Bizarre Pittsburgh proposal: will Highmark – West Penn merger work?
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June 29, 2011, 11:49 AM
8June 29, 2011, 11:49 AM
An interesting tidbit in the news yesterday had the Hoover’s health care industry team buzzing: a major regional health insurance provider, Highmark, wants to acquire a major regional hospital operator, West [...]
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