Baxter’s sweetened offer lands acquisition of Hill-Rom
Baxter International Inc. announced Thursday that it reached a deal to buy Indiana-rooted Hill-Rom Holdings Inc. for about $10.5 billion.
Hill-Rom Holdings
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Report: Hill-Rom is acquisition target in advanced talks with Baxter International
Hill-Rom Holdings Inc., a medical-gear maker with heavy roots and a strong manufacturing presence in southeastern Indiana, could be acquired by Baxter International Inc., if advanced talks don’t fall apart, according to The Wall Street Journal.
Hill-Rom to acquire medical supplies firm for $2 billion
The acquisition lets Hill-Rom, a maker of hospital supplies for wound care and respiratory health, delve further into the market for diagnostic supplies for physicians and emergency responders
Hospital uncertainty prompts 350 job cuts at Hill-Rom
Hill-Rom Holdings Inc. will eliminate about 350 jobs over the next two years as a cost-saving move after the maker of hospital equipment saw its profit grow slower than expected.
Cautious hospitals trouble Hill-Rom
The investor drubbing sustained by Hill-Rom Holdings Inc. last week stemmed not so much from the new acquisition it announced as from the gloomy outlook in the North American hospital market.
Hill-Rom stock swoons after $400M acquisition
Investors reacted negatively Thursday after medical equipment and hospital bed maker Hill-Rom Holdings Inc. on Wednesday said it was acquiring Aspen Surgical Products for $400 million.
Hill-Rom sees better earnings, revenue in quarter
Hill-Rom Holdings Inc. posted better-than-expected earnings and revenue in its fiscal fourth quarter, the Batesville-based hospital-bed supplier announced Wednesday.
Medical supplier Hill-Rom makes $42M fraud settlement
Hill-Rom Holdings Inc., a medical-equipment company based in Indiana, agreed Tuesday to pay nearly $42 million to settle a government lawsuit. The government had accused the company of knowingly submitting false claims to Medicare from 1999 to 2007.
Hill-Rom raises profit forecast after quarterly earnings jump
The Batesville-based maker of hospital beds and furniture announced Wednesday night that it earned $30.6 million in its third quarter, up from $20.2 million in the same quarter of 2009.
Hill-Rom to cut 160 more jobs
The Batesville-based medical equipment supplier said it expects the cuts to save the company about $16 million a year.
Hill-Rom profit up 40 percent
Batesville maker of hospital equipment meets analysts’ expectations, then raises full-year profit forecast.
Hill-Rom hires new CEO
John J. Greisch was most recently president of international operations at Baxter International Inc.
Hill-Rom’s fourth quarter profit exceeds expectations
The Batesville-based maker of hospital equipment reported profit of $26.4 million, or 42 cents per share, in the period ended
Sept. 30.
Hill-Rom begins CEO search under succession plan
Medical equipment supplier Hill-Rom Holdings Inc. said yesterday it has begun a chief executive search to plan for the retirement
of current CEO Peter Soderberg.
Hill-Rom profit drops, beat expectations
Hill-Rom Holdings Inc. topped analysts’ expectations in its fiscal third
quarter even as hospital-spending cuts clipped its revenue by 9 percent, the company announced late yesterday.