Antitrust Foresight Brings Speedy EU Approval Of Merck’s Acquisition Of Schering-Plough
Posted 10/28/09
The European Commission’s smooth approval of Merck & Co.’s $41 billion acquisition of rival Schering-Plough Corp. could be a textbook example of how parties to a merger or acquisition can get speedy clearance by anticipating – and remedying – antirust enforcers’ likely objections at the start.
One might have expected the union of these two heavyweights – which, if completed, will create the world’s...