Yet another Merck Merger Update was filed this morning with the SEC -- and this is the only really "new" information, in the page and a half of text:
. . . .I realize that most employees want to know the outcome of all this work. In other words, what is the new Merck structure and who will be on the new Merck leadership team. We expect to share our new structure and senior leaders (EC+1) by late August. . . .
So, the EMT equivalents will be identified shortly, then their direct reports (EC+1), or one layer below the EC (the equivalent of an EMT at most other pharma companies), will be named by late August.
All of this assumes a vote in favor of the reverse-merger, as presently structured, by both companies' shareholders, on August 7, 2009.
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