Investment Dealers' Digest Breakthrough Deals of the Year Awards

Breakthrough Healthcare Stock Deal: Morgan Stanley advised Cypress Group and Texas Pacific Group in their partnering with Genesis Health Ventures to acquire the Northeast's largest nursing home chain, the Multicare Companies.

 

IDD's January 12, 1998 issue included an Equities Year in Review. Morgan Stanley received the following mentions:

  • Breakthrough Healthcare Stock Deal: Morgan Stanley advised Cypress Group and Texas Pacific Group in their partnering with Genesis Health Ventures to acquire the Northeast's largest nursing home chain, the Multicare Companies.
  • Breakthrough Technology Mergers & Acquisitions Deal: Morgan Stanley advised U.S. Robotics on its merger with 3Com, the largest networking merger then to date.
  • Breakthrough Gaming Sector Deal: Morgan Stanley advised Doubletree Corp. in its tax-free $2.3 billion merger with Promus Hotel Corp.
  • Breakthrough Mega-Merger Deal: Morgan Stanley was featured prominently in this category as well, cited for advising Barnett Bank in NationBank’s $14.8 billion acquisition of Barnett and for advising First Union Corp.