INC Research to buy inVentiv in $4.6B deal

INC Research to buy inVentiv in $4.6B deal

Pharmaceutical services company INC Research Holdings Inc. of Raleigh has agreed to acquire larger rival inVentiv Health Inc. of Boston in a $4.6 billion all-stock transaction. The deal will create an industry behemoth with more than 22,000 employees in 60 countries, and bolsters the Triangle’s status as the epicenter for the global contract research organization industry. In other developments, INC Research reported small gains in revenue and adjusted net income in the first quarter.

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