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Movers & Shakers

Dun & Bradstreet exec retakes lead M&A role

Posted on November 16, 2009 at 2:27 PM
Filed under: Movers & Shakers
Tagged: ,
Dun & Bradstreet Corp. (NYSE:DNB) executive Charles Gottdiener is back in charge of dealmaking. Since December 2007, he has led the business information and records provider's risk management business, but was recently promoted to president of corporate development and strategy. It's familiar turf. Gottdiener joined D&B in 2002 as leader...  Continue reading
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Barry Diller shuffles IAC deal team

Posted on November 11, 2009 at 9:10 AM
Filed under: Changing Face of Media | Movers & Shakers
Tagged: , ,
IAC/InterActiveCorp (NASDAQ:IACI) senior vice president of M&A and finance Joey Levin is taking over as chief executive of the company's Mindspark Interactive Network. Also moving over is IAC SVP of corporate development Mark Stein, who will become Mindspark's chief strategy officer.The moves come as IAC chairman and CEO Barry Diller...  Continue reading
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Toll Brothers looks to buy amid housing slump

Posted on November 9, 2009 at 12:57 PM
Filed under: Movers & Shakers
Tagged: ,
High-end homebuilder Toll Brothers Inc. (NYSE:TOL) has been battered by the depressed housing market. The beating, however, hasn't dulled its appetite for growth. The largest U.S. builder of luxury homes and apartments on Monday promoted regional president Doug Yearley to executive vice president. In the expanded role, Yearley, a 19-year...  Continue reading
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Corporate layoffs: J&J, Nokia JV and much more

Corporate layoffs are churning this earnings season, with companies trying to cut costs while growing their core businesses. We've gathered a list of pink slippers from the past couple weeks. Of course, aggressively cutting costs is only one side of recent corporate strategy. Downsizing while acquiring has been a frequent...  Continue reading
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Merck-Schering Day One

Posted on November 4, 2009 at 5:04 PM
Filed under: Acquisitions | Careers | Integration | Movers & Shakers | People
Tagged: ,
Merck & Co. (NYSE:MRK) closed its $41.1 billion acquisition of Schering-Plough Corp. (NYSE:SGP). The deal makes Merck the world's No. 2 drugmaker behind industry juggernaut Pfizer Inc. (NYSE:PFE), which had its own Day One on Oct. 16 after its $68 billion acquisition of Wyeth. Now that Merck and Schering-Plough...  Continue reading
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Charles River promotes dealmaker

Posted on November 4, 2009 at 9:14 AM
Filed under: Movers & Shakers
Tagged: ,
Is CRA International Inc. (NASDAQ:CRAI) ready to contribute to the consolidation underway in the business consulting sector? The firm on Tuesday reshuffled its management, including promoting an internal executive to the top corporate development job.  Stepping into the dealmaker role is Chad Holmes, who has worked in the corp dev...  Continue reading
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J&J chief calls job cuts 'difficult'

Two weeks after Johnson & Johnson (NYSE:JNJ) reported mixed earnings, which tugged stocks downward, the world's biggest healthcare company is looking to cut costs. Those cuts include 7,000 to 8,000 layoffs, mostly overseas.J&J chief executive William Weldon (pictured) said in a statement, "These types of changes are difficult under any...  Continue reading
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Onyx Pharma dealmakers build M&A culture

When Onyx Pharmaceuticals Inc. (NASDAQ:ONXX) bought Proteolix Inc. on Oct. 12, (The Deal Pipeline subscription required) it was the first-ever acquisition for the 17-year-old Emeryville, Calif. firm. And in an industry underpinned by licensing deals, Onyx has only signed two, both coming in 2008. Rather than look outside for growth,...  Continue reading
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Terremark enters heated data center deal market

Posted on October 29, 2009 at 8:35 AM
Filed under: Movers & Shakers
Tagged: ,
Terremark Worldwide Inc. (NASDAQ:TMRK) has promoted Marvin Wheeler to chief strategy officer. Wheeler previously was COO and president of the U.S. commercial business. The IT infrastructure services and data center company -- which offers hosting, disaster recovery, cloud computing, security and other services to clients --  is hoping to strengthen...  Continue reading
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Ansley Capital banker joins Healthcare Insight

Posted on October 26, 2009 at 12:11 PM
Filed under: Movers & Shakers
Tagged: ,
Healthcare Insight has hired Larry Schor as its corporate development officer. Schor will lead strategic planning and oversee growth initiatives, including M&A and alliances. HCI, a division of Verisk Healthcare Inc., provides fraud prevention claims processing software and services to insurers, health plans, managed-care organizations, Medicaid and Medicare. With waste...  Continue reading
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