Merck Ignites M&A with $41.1 Billion Play for Schering-Plough
March 10, 2009 at 10:37 AM EDT
Merck & Co. Inc. ( MRK ) today (Monday) agreed to pay $41.1 billion in stock and cash for Schering-Plough Corp. ( SGP ), forming the world’s second-largest prescription drugmaker. It’s the second mega-deal for Big Pharma this year, as Pfizer Inc. ( PFE ) made a $68 billion offer for Wyeth ( WYE ) in late January. Large…
