MASSDEVICE ON CALL — Healthcare industry giant Baxter (NYSE:BAX) is moving its corporate headquarters to Massachusetts in a sneaky plot dubbed "Project Tiger" by Bay State economic and business officials, according to a Boston Business Journal report.
Baxter, which is preparing to split its pharmaceutical division from its medical products division, is reportedly looking for 150,000-200,000 square feet of space in Cambridge, hoping to tap into the local talent, anonymous sources told the Journal. It’s not clear which half of the post-split company will head to Massachusetts.
Baxter, currently headquartered in Deerfield, Ill., declined to comment on the rumors, but the move could bring "hundreds, if not thousands, of jobs" to the area, according to the report.
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