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Merck Announces Sale of Consumer Care Business to Bayer AG for $14.2 Billion

2014-05-06 12:00:00| Merck.com - Financial News

Dateline City: BOSTON Enters into Worldwide Collaboration with Bayer to Market and Develop Novel Therapies for Cardiovascular Disease Collaboration Includes a $1 Billion Up-front Payment by Merck to Bayer BOSTON--(BUSINESS WIRE)--Merck (NYSE:MRK), known as MSD outside the United States and Canada, today announced that it has entered into a definitive agreement to sell its Merck Consumer Care (MCC) business to Bayer AG (BAYRY) for $14.2 billion. Under the terms of the agreement, Bayer AG will acquire Mercks existing OTC business, including the global trademark and prescription rights for Claritin and Afrin. Language: English Contact: MerckMedia:Steve Cragle, 908-423-3461Pam Eisele, 267-305-3558orInvestors:Joe Romanelli, 908-423-5185Carol Ferguson, 908-423-4465 Ticker Slug: Ticker: MRK Exchange: NYSE read more

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Talisman, Statoil Said to Be Exploring Sale of Texas Venture

2014-05-06 08:25:15| Oil & Gas - Topix.net

Talisman Energy Inc. and Statoil ASA are considering selling their joint venture in Texas 's oil-rich Eagle Ford basin, which could fetch more than $4 billion, people with knowledge of the matter said.

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Siemens Said Near Sale of Airports Unit to Wilbur Ross

2014-05-05 09:44:51| Industrial Machines - Topix.net

Siemens AG , Europe 's largest engineering company, is close to finalizing an agreement to sell its logistics and airports solutions business to a group led by billionaire investor Wilbur Ross as it exits underperforming businesses, two people familiar with the talks said.

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No Shirt, No Sale, No Dice

2014-05-03 11:57:12| Apparel - Topix.net

Rob Charlton: "The quality versus quantity debate is now in full force and it's interesting to see that consumers want quality fitting shirts."

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Houston Chronicle: Willie Nelson Band's tour bus for sale on Craigslist

2014-05-03 02:19:49| Furniture - Topix.net

Craigslist is useful for a slew of reasons: trade a La-Z-Boy for a shotgun, find a roommate or lessee and now, buy a tour bus used by the Willie Nelson Band in the 1980s.

Tags: sale tour bus houston

 

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