Despite the proposal to settle the merger suits in advance of the vote on August 7, the vast bulk of Schering-Plough's pending legal matters remain open, and unresolved.
Perhaps $2 billion in contingent liabilities are still left to be resolved, as well as potential consent decrees -- to reform governance, and disclosure practices, at Schering-Plough.
More, if I can source Some reliable WiFi -- from the road. . . .
Friday, July 24, 2009
Posted by condor at 12:36 PM