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Respironics is an American medical supply company owned by Philips that specializes in products that improve respiratory functions. It is based in the Pittsburgh suburb of Murrysville in Pennsylvania, United States. Some of its products had hazardous foam that disintegrated and entered patients' bodies.
In the early 2000s, Philips bought many medical device companies and offered to buy Respironics for $66 a share when its stock was worth $53. McGinnis and the Respironics board did not want to sell the company and declined an earlier takeover offer. [3] However, they reluctantly accepted the sale because the shareholders wanted to cash out.
Philips said it had agreed to pay $1.1 billion to settle all personal injury claims filed in the U.S., ending uncertainty that had slashed its market value over the past three years.
Motor operated machine gun: Northrop Grumman [72] Also appears as a definition in the Oxford English Dictionary, describing it as "a machine gun that uses a motor-driven chain to power all moving parts" [73] ChapStick: Lip balm: Suave Brands Company Used as a shorthand to refer to any brand of lip balm. [74] Christmas Seals: Christmas seal
These numbers fell again on Dec. 30, 2014, with the inclusion more recent data adding more than 1,600 inspections. This tool was also updated to allow users to search for a hospice by name and to more clearly label building code violations.
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Versuni (formerly Philips Consumer Lifestyle) is a privately-owned Dutch company, headquartered in Amsterdam, which produces consumer electronics and small appliances. Formerly a subsidiary of Dutch electronics conglomerate Philips , it was sold to Chinese private equity firm Hillhouse Investment in 2021. [ 1 ]
From January 2008 to December 2012, if you bought shares in companies when Aida M. Alvarez joined the board, and sold them when she left, you would have a 43.9 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
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