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Cravath, Baker McKenzie-Led J&J Plans Consumer Biz Spinoff

By Benjamin Horney (November 12, 2021, 9:48 AM EST) -- Johnson & Johnson on Friday became the latest major company to unveil spinoff plans, saying it will separate into two publicly traded businesses, one focused on consumer health and another focused on pharmaceutical research and development and medical devices, in a transaction led by Cravath and Baker McKenzie....

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