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...
Business Law Professionals
Mergers & Acquisitions
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...
What makes a successful business merger?
Thinking of merging your business with another one? If you already have another company in mind, congratulations. But how can you be assured your new partnership will be a success? Just like a good marriage, a successful merger requires a harmonious blend of...
Small businesses, nonprofits opt to merge for survival
When most people think of business mergers, it's behemoth corporations that come to mind. Banks and technology companies have made a habit of absorbing each other with the promise of even huger profits than they were making before. But what about small businesses and...
Entergy to spin off transmission business, merge it with another
In a move designed to improve efficiency of the electric grid and avoid huge capital costs, power company Entergy announced it would spin off its electric transmission business and merge it with another, Michigan-based ITC Holdings Corp. The $1.78 billion deal was...