Company Statement: Merck shareholders approve merger with Schering-Plough
( August 7, 2009, 13:40 GMT | Official Statement) -- Extract: Merck & Co. today announced that its shareholders voted overwhelmingly to approve the proposed merger with Schering-Plough. The preliminary tabulation indicates that more than 99% of the company’s outstanding shares voted in favor of the transaction. Merck today held its special shareholder meeting in Bridgewater, New Jersey to vote on the proposed merger. The company expects the transaction to close in the fourth quarter of 2009, as originally planned. The transaction remains subject to the satisfaction of customary closing conditions and regulatory approvals, including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, as well as clearance by the European Commission under the SEC Merger Regulation and certain other foreign jurisdictions.WHITEHOUSE STATION, N.J., Aug. 7, 2009 - Merck & Co. (NYSE: MRK) today announced that its shareholders voted overwhelmingly to approve the proposed merger with Schering-Plough (NYSE: SGP). The preliminary tabulation indicates that more than 99% of the company’s outstanding shares voted in favor of the transaction. Merck today held its special shareholder meeting in Bridgewater, New Jersey to vote on the proposed merger....
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