Baxter follows botched purchase with major restructuring

I think Joes days are numbered, major sharehloders are pissed off and agitating at board level

How Joe got his Job ( courtesy of Dan Lowbe) is how he will lose it

He has lost alot of people alot of money and there isnt much left to cut

he was asleep at the wheel didnt buy anything decent, kept low margin buisnesses and he is still doing it
Why sell BPS ( factory in Germany) it was the highest marging buisness we had

Answer $4.2 billion to pay off debt that he created overpaying for Hill ROm


Alot of people in investment community want him gone not to mention most leaders at baxter have lost faith in him