Cardinal Health Offer To Acquire Cordis Accepted

Discussion in 'Cardinal Health' started by Anonymous, Jun 1, 2015 at 7:38 AM.

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  1. Anonymous

    Anonymous Guest

    Has anyone heard of how Cordis Management and their employees will be transitioned into Cardinal Health?
     

  2. Anonymous

    Anonymous Guest

    Accepted then kicked to the curb
     
  3. Anonymous

    Anonymous Guest

    Cardinal Health's revenue has been in the decline for the past 3 years and the company runs on razor thin margins of only 4%-5%. Cardinal is a lean running machine that sells/distributes commodity products and in an attempt to raise gross margins, they have entered the high margin physician preference product space. They purchased a Cordia, a minor player in the space. They didn't buy a premium product, they bought a #4. My prediction is that they are going to lean AccessClosure and Cordis because historically, they can somewhat successfully (despite declining revenues) run an organization at 5% margins. Do you think a rep needs to be present in order to promote everyday guide catheters and stents? I feel as though Cardinal is going to pursue the answer to that question.
     
  4. anonymous

    anonymous Guest

    Any insight on whether employees were offered opportunity to stay with JNJ? What happened to employee benefits? Did all employees transition to Cardinal?
     
  5. anonymous

    anonymous Guest

    What do ya care? Go away and Google yourself!