Merck to buy Schering-Plough

March 09 2009 16:57:23

Merck to buy Schering-Plough

Bloomberg

Based on the closing price of Merck stock on March 6, the consideration to be received by Schering-Plough shareholders is valued at $23.61 per share, or $41.1 billion in total. Upon closing, Merck shareholders are expected to own about 68 percent of the combined company.

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