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Merck 3Q profit plunges 90 percent on deal charges

Merck & Co. posts an 90 percent drop in third-quarter profit, due to large charges for its $41.1 billion acquisition of Schering-Plough Corp.

 

Stocks turn higher after Merck deal

NEW YORK -- Wall Street managed an advance today after a drugmakers Merck and Schering-Plough announced a $41 billion deal.

 

Merck to buy Schering-Plough in $41.1 billion deal

Merck to buy Schering-Plough in $41.1 billion deal

Drugmakers Merck & Co. and Schering-Plough Corp. are planning to merge under the name Merck in a stock-and-cash deal worth about $41.1 billion.

 

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