[lbo-talk] New Frontiers of Corporate Synergy
michael perelman
michael at ecst.csuchico.edu
Fri Mar 26 18:53:05 PDT 2010
The buyout shops are purchasing hospitals, no doubt in a charitable
effort to make health care more available. Cerberus Capital Management
went one step further striking a deal to acquire Caritas Christi Health
Care, a large Massachusetts hospital chain. To ensure that the hospital
chain will have an opportunity to treat more people, Cerberus also owns
Freedom Group Inc., one of the world’s largest makers of firearms and
ammunition.
Way to go, capitalism!
--
Michael Perelman
Economics Department
California State University
Chico, CA
95929
530 898 5321
fax 530 898 5901
http://michaelperelman.wordpress.com
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