The revised deal , which cuts 15 percent from the initial $ 25.4 billion agreement , was hammered out last week in talks between the chairman of Johnson & Johnson , William C. Weldon , and his counterpart at Guidant , James M. Cornelius , people involved in those talks said .
William C. Weldon /business/person/company Johnson & Johnson
DT VBN NN , WDT VBZ CD NN IN DT JJ $ CD CD NN , VBD VBN IN JJ NN IN NNS IN DT NN IN NNP CC NNP , NNP NNP NNP , CC PRP$ NN IN NNP , NNP NNP NNP , NNS VBN IN DT NNS VBD .
William C. Weldon
PERSON
Johnson & Johnson
ORGANIZATION
/business/person/company