I don't see where this deal can be salvaged. I don't think JJ wants to risk its own reputation ... I think Guidant is an impaired asset.
More Quotes from Robert Gold:
This is good news for Pittsburgh, because it gives the region more retail choices for better goods.Robert Gold
I think that in the long-term care market all companies are fair game for mergers at this point. All of these companies are trying to get their cost structures down to cope with the changes taking place in Medicare.
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This way Medicare pays a flat rate and the providers will only cash in if they can keep their actual cost below the fixed rate.
Robert Gold
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