Drugmaker Merck seeks EU approval for $41B acquisition of Schering-Plough, expects ruling soonSeptember 21st, 2009 Merck seeks EU approval to buy Schering-PloughTRENTON, N.J. — Drugmaker Merck & Co.
Drugmaker Schering-Plough loses $473 million tax dispute over foreign profits, may appealSeptember 2nd, 2009 Schering-Plough loses $473 million tax disputeTRENTON, N.J. — Drugmaker Schering-Plough Corp.
Judge rejects Schering-Plough's request for $473 million tax refund on overseas profitsSeptember 1st, 2009 Judge rejects Schering-Plough tax refund requestWASHINGTON — A federal court in Newark, N.J. has rejected Schering-Plough Corp.'s request for a $473 million tax refund related to the drugmaker's efforts to avoid paying taxes on $690 million in overseas profits it brought back to the U.S.
Merck to structure itself into 5 units following close of $41.1 billion Schering-Plough dealAugust 31st, 2009 Merck to form 5 divisions after Schering buyoutNEW YORK — Richard T. Clark, current president and CEO of Merck, says the company will restructure into five divisions after it completes the buyout of rival Schering-Plough for $41.1 billion.
Merck, Schering-Plough shareholders back $41.1 billion combo to create world's No. 2 drugmakerAugust 7th, 2009 Merck, Schering-Plough shareholders OK $41B dealTRENTON, N.J. — Shareholders of drugmakers Merck & Co.
Merck & Co. shareholders OK $41.1 billion acquisition of partner drugmaker Schering-PloughAugust 7th, 2009 Merck shareholders OK Schering-Plough purchaseTRENTON, N.J. — Shareholders of drugmaker Merck & Co.
Shareholders of Merck, Schering-Plough to vote on combination, would create No. 2 drugmakerAugust 7th, 2009 Merck takeover of Schering-Plough up for voteTRENTON, N.J. — Shareholders will decide Friday whether two New Jersey drug companies will become the world's second-biggest drugmaker.
Sanofi-Aventis to buy out partner Merck from Merial joint venture for $4 billion in cashJuly 30th, 2009 Sanofi-Aventis pays Merck $4B for share in MerialPARIS — Pharmaceuticals company Sanofi-Aventis SA said Thursday it has agreed to pay $4 billion in cash to U.S. drugmaker Merck & Co.
Merck, Schering to pay $5.4M to resolve probes by 35 states into cholesterol drug studiesJuly 15th, 2009 Merck and Schering-Plough settle investigationNEW YORK — Drugmakers Merck & Co. and Schering-Plough Corp.
Merck and Schering-Plough say antitrust regulators want more details on $41.1B combinationJune 22nd, 2009 FTC requests more info from Merck, Schering-PloughNEW YORK — Drugmakers Merck and Co. and Schering-Plough Corp., which are in the process of a $41.1 billion tie-up, said Monday the Federal Trade Commission has asked for more information about the deal.
Drugmakers Merck, Schering-Plough set special shareholder meetings to approve their mergerJune 16th, 2009 Merck, Schering-Plough set meetings on mergerTRENTON, N.J. — Merck & Co.
Merck mulls selling off veterinary products, its own or Schering-Plough's, before $41B mergerJune 3rd, 2009 Merck may sell animal drug assets before mergerWHITEHOUSE STATION, N.J. — Drugmaker Merck & Co.
Report: SEC probing possible insider trading of Schering-Plough shares before news of mergerApril 30th, 2009 Report: SEC probing some Schering-Plough tradesKENILWORTH, N.J. — A suspicious surge in trading of Schering-Plough Corp.
Schering-Plough CEO Fred Hassan's compensation falls 34 percent in 2008April 28th, 2009 Schering-Plough CEO's pay falls 34 percent in 2008NEW YORK — Schering-Plough Corp. Chief Executive Fred Hassan's compensation slipped 34 percent in 2008, mainly due to a decline in stock-based awards as the company's share price fell, according to an Associated Press analysis of data filed with regulators Monday.
Schering-Plough's 1st-quarter profit surges on lower costs, offsetting decline in salesApril 21st, 2009 Schering-Plough 1Q profit jumps despite sales fallNEW YORK — Schering-Plough Corp., in the process of being acquired by competitor Merck & Co., said Tuesday drug sales fell in the first quarter but profit tripled because of cost cutting and a charge in last year's quarter related to an acquisition. The Kenilworth, N.J.-based maker of arthritis treatment Remicade and allergy spray Nasonex earned $767 million, or 46 cents per share.
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