Wednesday, October 14, 2009

Sch-Merck Reverse Merger Deal -- Cleared In Australia, With Conditions


Still the all important US FTC/DoJ to go, as well as the ECC and Japanese authorities -- but the bust-up has cleared the ACCC, the Australian competition authority, per Reuters' reporting, under the keyboard of Felix Salmon:

. . . .The Australian Competition and Consumer Commission had raised concern about competition in the animal health sector due to the two companies' overlapping businesses in Australia ahead of Merck's sale of Merial to French drug maker Sanofi-Aventis. . . .

5 comments:

Anonymous said...

Yeah, but-it is being reported as a Schering takeover of Merck!

http://www.reuters.com/article/marketsNews/idCNSYU00738220091014?rpc=44


See, it is a reverse merger....

Anonymous said...

to amend and continue the first comment:

"MELBOURNE, Oct 14 (Reuters) - Australia's competition watchdog said on Wednesday it would not oppose global drug giant Schering-Plough Corp's (SGP.N) takeover of Merck & Co (MRK.N) after Merck sold its Merial animal health business"

Condor said...

". . .And Love is Hate;
War is Peace. . .

A word means just what I say it does. . ."

Wild -- thanks.

Namaste

Anonymous said...

The Hatter opened his eyes very wide on hearing this; but all he said was, "Why is a raven like a writing-desk?"

"Come, we shall have some fun now!" thought Alice. "I'm glad they've begun asking riddles. — I believe I can guess that," she added aloud.

"Do you mean that you think you can find out the answer to it?" said the March Hare.

"Exactly so," said Alice.

"Then you should say what you mean," the March Hare went on.

"I do," Alice hastily replied; "at least--at least I mean what I say--that's the same thing, you know."

"Not the same thing a bit!" said the Hatter. "You might just as well say that 'I see what I eat' is the same thing as 'I eat what I see'!"

"You might just as well say," added the March Hare, "that 'I like what I get' is the same thing as 'I get what I like'!"

"You might just as well say," added the Dormouse, who seemed to be talking in his sleep, "that 'I breathe when I sleep' is the same thing as 'I sleep when I breathe'!"

Anonymous said...

Stop. That is not spoken correctically.

It goes:

How doth the little Freddy crocodile improve his shining tail. And pour the waters of the Nile, on every golden scale. How cheerfully he seems to grin, how neatly spreads his claws. And welcomes little fishes in, with gently smiling jaws.