Bayer Continues Schering Takeover Bid After Rival Merck Bolsters Holdings
This article was originally published in The Pink Sheet Daily
Executive Summary
Merck KgaA increased its stake in Schering AG to 10.1% ahead of a June 14 deadline for shareholders to accept Bayer’s takeover offer.
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Bayer Shops For More Schering AG Shares Outside Of Takeover Bid
Bayer may buy shares above original €86 offer price ahead of its June 14 deadline to acquire 75% of Schering.
Bayer Shops For More Schering AG Shares Outside Of Takeover Bid
Bayer may buy shares above original €86 offer price ahead of its June 14 deadline to acquire 75% of Schering.
Bayer Purchase Of Schering AG Would Give Firm Focus On Specialty Pharma
$19. 5 bil. offer by Bayer will likely thwart hostile takeover of Schering by Merck KgaA.
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