Merck Buying Schering-plough For $41.1b

TRENTON, N.J. (AP) — Merck & Co. is buying Schering-Plough Corp. for $41.1 billion in stock and cash in a deal that gives the companies more firepower to compete in a drug industry facing slumping sales, tough generic competition and intense pricing pressures.

Topics:  trenton   n.j ap     merck   schering-plough   corp    co   

 

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