Friday, March 26, 2010

New Frontiers of Corporate Synergy

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!

1 comment:

Shag from Brookline said...

This reminds me of the WW II patriotic song "Praise the Lord and Pass the Ammunition." Think of it, medical care along with Second Amendment rights.