We believe this issue has no bearing on our proposed acquisition of Guidant. Unfortunately, threats of legal action are commonplace in our industry.
More Quotes from Paul Donovan:
Tax revenues are going to be lower. Fewer people will have jobs, fewer people will pay income tax, more people get unemployment benefits, so government spending goes up.Paul Donovan
What's happening is that consumers are worried about losing their jobs, and if consumers worry about losing their jobs, they spend less money -- so the economy slows down, so they lose their jobs -- it's a vicious circle.
Paul Donovan
We factored in the possibility of something like this happening. This news is manageable and does not alter our fundamental belief in Guidant's long-term potential, which is significant and very much intact.
Paul Donovan
We believe our 72 proposal is better for Guidant, its shareholders and its employees than Johnson Johnson's revised offer. We are offering significantly more value, and there is strong upside potential over time.
Paul Donovan
The intervention at 115 was pretty ineffective and they don't want to waste money again. The Bank of Japan would not be happy about defending 110 yen.
Paul Donovan
The issues that we addressed in our commitments were not material ones. At the request of the commission we made a number of commitments in order to resolve potential antitrust issues, as did Abbott.
Paul Donovan
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As the old saw says well: every end does not appear together with its beginning.
Herodotus
The paradigm of competition is a race: by rewarding the winner, we encourage everyone to run faster. When capitalism really works this way, it does a good job; but its defenders are wrong in assuming it always works this way.
Richard Stallman
To demonstrate this simultaneity is by no means trivial, because it may for example happen that the product nucleus always forms in an activated state at first.
Walther Bothe