Carter-Wallace
This article was originally published in The Tan Sheet
Executive Summary
Rumors continue to swirl as Bristol, Tenn.-based King Pharmaceuticals denies interest in purchasing Carter-Wallace's pharmaceuticals operations, despite a press report citing King as a possible suitor for C-W's Rx business. A buzz has surrounded C-W for months based on speculation the company plans to split its Rx and consumer products divisions and sell them to separate buyers (1"The Tan Sheet" Dec. 11, 2000, In Brief)