Manufacturing conglomerate Johnson & Johnson in New Brunswick, New Jersey, announced on March 2 that its subsidiary, Freemont, California-based medical device maker Cordis, has been sold to health-care company Cardinal Health, of Dublin, Ohio, for $1.944 billion in cash.

Avis Pays $170M for Maggiore

Parsippany, New Jersey-based Avis Budget Group Inc. has paid about $170 million to acquire fellow car rental providers The Maggiore Group, of Rome, Italy.

Heartland Acquires Payroll 1

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