Plans for two New Jersey hospital systems to merge with a for-profit health care network out of state have broken down after one of the hospital systems announced it didn't need the merger to survive on its own. The decision by St. Joseph's Healthcare System, based in...
Business Law Professionals
Mergers & Acquisitions
Woodcliff Lake pharma firm being acquired in $1.9B deal
New Jersey is a world leader in terms of being home to pharmaceutical companies. That's not simply a matter of fact. It's a matter of design. The state has long been a bastion of chemical firms and the government is quick to tout the fact that 15 of the 25 largest...
Merger of 2 New Jersey Jewish federations is largest in history
The merger of two New Jersey Jewish federations, the Jewish Federation of Central New Jersey and United Jewish Communities of MetroWest, was a nearly unanimous decision. But as one member of the smaller organization aptly described it, the merger was also something of...
Lawsuit against Johnson & Johnson doesn’t stop acquisition plans
In our last post we discussed the ongoing lawsuit against Johnson & Johnson over an alleged kickback scheme involving some of its medications. Although the New Brunswick, New Jersey-based company is already setting aside funds to settle the litigation, being the...
Lawsuit against Johnson & Johnson doesn’t stop acquisition plans
In our last post we discussed the ongoing lawsuit against Johnson & Johnson over an alleged kickback scheme involving some of its medications. Although the New Brunswick, New Jersey-based company is already setting aside funds to settle the litigation, being the...
Acquiring a company? You may have a lot to learn
In the process of one company's acquisition of another, there's often an assumption that the purchased company will simply adapt to its new parent by becoming homogenized and abandoning much of its former culture. But there's usually plenty that a company can learn...
5 Southern New Jersey United Way chapters to merge with Pa.’s
Whether you're the head of a large corporation or a tiny nonprofit, the goals of a merger or acquisition are often the same: to increase your company's presence and acquire more money. In the case of one merger currently under way in southern New Jersey, these goals...
Will merger of US Airways, American Airlines take off?
As U.S. Airways continues to court American Airlines for a potential merger, many are skeptical of the acquiring airline's ability to complete it successfully. Such doubts can usually be found among employees of the company to be acquired, because they often have more...
New York, 4 other states may file suit to stop $29B merger
A possible $29.1 billion merger that would create the largest pharmacy-benefits manager in the U.S. could be delayed if five states opposing it decide to go forward with a lawsuit.Express Scripts Inc. has submitted a bid to acquire New Jersey-based Medco Health...
2 New Jersey theater companies make history with merger
In today's economy, it can be hard to keep businesses devoted to the arts alive and going strong. Many businesses rely on outside funding such as grants and public donations to stay afloat, and with so many patrons struggling to pay their own bills, this financial...


