Could J&J Trip up the Merck and Schering-Plough Deal?
Taskin Ahmed
Abstract
The change of ownership clause in the contract between Johnson & Johnson (J&J) and Schering-Plough over the control of two key products, Remicade® and golimumab, could be a stumbling block in the merger between Merck and Schering-Plough. Merck’s acquisition has been structured as a reverse merger to side-step the clause but J&J could still have its say in the deal.
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