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Article: QUINTILES TO ACQUIRE LEWIN HEALTH CARE CONSULTING FIRM
- Article from:
- PR Newswire
- Article date:
- April 17, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RESEARCH TRIANGLE PARK, N.C., April 17 /PRNewswire/ -- Quintiles Transnational Corp. (Nasdaq: QTRN) announced today the signing of a definitive agreement to purchase the operating assets of the health care consulting firm, Lewin-VHI, Inc. from Value Health, Inc. (NYSE: VH) for approximately $30 million in cash. Quintiles is the world's leading full-service drug development organization. The Lewin Group, as the consulting firm will be called, is a globally recognized health care policy research and management consulting company with approximately $23 million in revenue in 1995. Quintiles will pay the purchase price from existing cash on hand. Completion of the purchase, ...