February 16, 2011

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BOSTON CAPITAL
INNOVATION ECONOMY

Page one

Genzyme agrees to
$20.1b sale to drug giant

Genzyme Corp., the largest biotechnology company
in Massachusetts and one of the industry’s pioneers,
has struck a definitive agreement to be bought by French pharmaceutical giant Sanofi-Aventis SA.
(By Robert Weisman, Globe Staff)

Give him honor, Obama says

President Obama said he hopes Boston will build a statue of Celtics legend Bill Russell, gently nudging the city to honor one of its greatest sports heroes and acknowledge its history of racial strife. (By Michael Levenson, Globe Staff)

Vatican halts closing of 3 Mass. parishes

In a rare victory for Catholics challenging parish closings, the Vatican has rejected an effort by the Diocese of Springfield to end worship at three churches in Western Massachusetts. (By Peter Schworm, Globe Staff)

Wal-Mart’s unlikely philanthropy chief

Margaret A. McKenna leads the Walmart Foundation,
a perch that gives her one of the biggest jobs in US philanthropy. Having started out as a civil rights lawyer enforcing labor laws, McKenna said she
had to think long and hard about taking a job.
(By Beth Healy, Globe Staff)

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