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Replies to #82813 on Biotech Values
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DewDiligence

08/24/09 7:10 PM

#82814 RE: DewDiligence #82813

WCRX-PG addendum to the addendum: In a better economic environment, this deal probably would not have been inked because workforce attrition would have been too large a risk for WCRX. In the current economy, however, many of PG’s drug-unit employees who object to working for WCRX will probably take the job anyhow. Not many pharma companies are hiring these days.