Breaking News

Merck To Acquire Schering-Plough

Merck has entered an agreement to acquire Schering-Plough in a stock and cash transaction valued at $41.1 billion. The merger will combine the two companies under the name Merck.

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

Merck has entered an agreement to acquire Schering-Plough in a stock and cash transaction valued at $41.1 billion. The merger will combine the two companies under the name Merck. Schering-Plough shareholders will receive 0.5767 shares and $10.50 in cash for each share they hold. Each Merck share will automatically become a share of the combined company. Merck chairman, president and chief executive officer Richard T. Clark will lead the combined company. Upon closing, Merck shareholders are expe...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters