One year ago, in our June 2002 issue, the leadoff story predicted that having gone public and turned its finances around, the Wisconsin Blues organization, operating as Cobalt Corporation (NYSE: CBZ), would probably become an acquisition target. That story also named...
Over the past 12 months, the question remained: Has the industry hit bottom yet? A market “bottom” became a moving target, with some investors looking at stock prices, others acquisition multiples, and still others the availability of capital. At several...
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