In late September , William C. Weldon , chief executive of Johnson & Johnson , met privately with James M. Cornelius , the nonexecutive chairman of Guidant , and suggested that they renegotiate the transaction at a much lower price , according to people briefed on the meeting .
William C. Weldon /business/person/company Johnson & Johnson
IN JJ NNP , NNP NNP NNP , JJ NN IN NNP CC NNP , VBD RB IN NNP NNP NNP , DT JJ NN IN NNP , CC VBD IN PRP VBP DT NN IN DT RB JJR NN , VBG TO NNS VBN IN DT NN .
William C. Weldon
PERSON
Johnson & Johnson
ORGANIZATION
/business/person/company