Copley retains Oppenheimer & Co. to evaluate strategic alliances.
Executive Summary
COPLEY EVALUATING "POSSIBLE BUSINESS ALLIANCES" with the assistance of Oppenheimer & Co., the Canton, Mass. generics manufacturer reported Oct. 31. The company has retained the investment banker "to evaluate strategic alternatives for the company, including inquiries the company has received concerning possible business alliances." Hoechst Marion Roussel owns a 51% stake in Copley.