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Will Merck (MRK) Stock be Helped by EC Approval of $17 Billion Sigma-Aldrich Deal?

2015-06-15 22:35:48| Chemicals - Topix.net

Editor's Note: Story has been updated to reflect the purchase of Sigma-Aldrich by German Merck not the American Merck as was previously reported NEW YORK -- Merck shares are down 0.84% to $34.39 in trading Monday but could rebound after regulators at the European Commission approved the company's $17 billion acquisition of American life science company Sigma-Aldrich this afternoon, according to Reuters . The EC said that the decision is conditional on the divestment of certain Sigma-Aldrich assets, including manufacturing facilities in Merck's home country of Germany.

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