German pharmaceutical and chemical giant Merck announced today that it has agreed to buy Sigma-Aldrich, a US life sciences company for $17 billion. Merck will pay $140 per share in cash - a 37% premium to Friday closing price of $102.37. This type of transaction is not a first for Sigma-Aldrich.
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Akin Oyedele, Business Insider
Mon, 09/22/2014 - 8:08am
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