Quintiles, IMS Health agree to merge

May 3, 2016 10:41 AM

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After the deal, IMS Health shareholders will own about 51.4 percent of the combined company, while Quintiles shareholders will own the rest.

The new company will be called Quintiles IMS Holdings Inc and led by IMS Health Chief Executive Ari Bousbib. Quintiles CEO Tom Pike will become vice chairman.

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