Search results
Under the terms of the agreement, Schering-Plough shareholders will receive 0.5767 shares of the newly combined company and $10.50 in cash for each share of Schering-Plough. Each Merck common ...
- FACTBOX: Merck to buy Schering-Plough for $41.1 billion
Merck & Co Inc said it would acquire Schering-Plough...
- FACTBOX: Merck to buy Schering-Plough for $41.1 billion
Mar 10, 2009 · For more information about how we use your data, please refer to our privacy and cookie policies. Merck on Monday announced an agreed $41bn takeover of its New Jersey rival, Schering-Plough, just ...
- Gwen Robinson
Mar 9, 2009 · Resize. BOSTON (MarketWatch) -- Merck & Co. and Schering-Plough Corp. said Monday they plan to merge in a deal worth more than $41 billion as part of an effort to create a pharmaceutical giant ...
Mar 9, 2009 · Schering-Plough shareholders will receive 0.5767 of a Merck share and $10.50 in cash for each share in a deal which values the US company’s equity at $41.1bn, or $23.61 a share. The price ...
Nov 12, 2009 · Merck & Co. Inc. has officially acquired Schering-Plough and its subsidiary Intervet/Schering-Plough Animal Health. The companies began combined operations on Nov. 4. Merck, which sold its 50 percent of Merial Ltd. to joint venture parnter Sanofi-Aventis on Sept. 18, first announced its intentions to acquire the Kenilworth, N.J.-based company for $41.1 billion in early March. Richard Clark ...
Mar 9, 2009 · Merck & Co Inc said it would acquire Schering-Plough Corp in $41.1 billion deal, widening Merck's pipeline and diversifying its portfolio of medicines.
People also ask
Why did Merck merge with Schering-Plough?
Will Schering-Plough buy Merck?
How much cash will Schering-Plough shareholders receive?
What is the Merck- Schering-Plough merger agreement?
Will Wells Fargo buy Schering-Plough?
What percentage of Schering-Plough's senior leaders are joining Merck?
Based on the closing price of Merck stock on March 6, 2009, the consideration to be received by Schering-Plough shareholders is valued at $23.61 per share, or $41.1 billion in the aggregate. This price represents a premium to Schering-Plough shareholders of approximately 34 percent based on the closing price of Schering-Plough stock on March 6, 2009.