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Cardinal Health likes growth potential of Viasys NeuroCare Group

Madison, Wis. - In the first indication of how they view the Viasys Healthcare's NeuroCare Group, executives of Cardinal Health say they are excited about the growth potential of the Fitchburg-based organization.

As part of a merger agreement between Cardinal Health and Viasys Healthcare, Card......

Full article >>> in annual revenue and employs more than 40,000 people worldwide.

The opportunity to acquire Viasys Healthcare first presented itself to Cardinal two weeks ago. Under the agreement, Cardinal Health, based in Dublin, Ohio, will make a cash tender offer of $42.75 per share to acquire all outstanding shares of Viasys stock.

Viasys, based in Conshohocken, Pa., is a global medical dev......

Full article >>> way impressed with both the product and cultural fit between the organizations. He said they have a similar focus on values and customer-driven innovation.

These are experienced leaders that I expect to retain within Cardinal, he said.

They won't include Lori Cross, who had served as president of the NeuroCare Group since 2003. Cross left the group, previously known as Nicolet Bi......

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Source:wistechnology.com By Joe Vanden Plas 05/16/07


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