Merck-Schering: An out of this world merger

[Joelle]

Merck-Schering: An out of this world merger
      

Merck’s $41 billion acquisition of rival Schering-Plough Corp is out of this world, or at least somewhat cosmic.
With every merger comes code names to protect the identities of the companies involved. In this case, the bankers chose cosmic nicknames to represent the big pharmaceutical giants.
Merck was known as “Mercury,” while Schering got the moniker “Saturn,” [...]
         

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