Schering-Plough's $41 Billion Acquisition of Merck Clears Antitrust Hurdles With Consent Order

Sheppard Mullin Richter & Hampton LLP
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The Federal Trade Commission announced in October 2009 that it will allow Schering-Plough Corporation's proposed $41.1 billion acquisition of Merck & Co., Inc. to proceed, subject to a consent order requiring the parties to each divest certain interests and assets in businesses where the FTC was concerned the transaction would have substantially reduced competition.

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