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If Chinese antitrust clearance is granted by April 18, Merck will lower the acceptance threshold from 95 to 75 percent
March 14, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Merck announced that it agreed to further extend the timetable of its recommended cash offer for AZ Electronic Materials (AZ). Accordingly, the offer to AZ shareholders has been extended until 1.00 p.m. (GMT) on April 18, 2014. Since the date of the last announcement on Feb. 28, Merck has continued to have constructive dialogue with the Ministry of Commerce of the People’s Republic of China (MOFCOM) and expects to obtain Chinese antitrust clearance by April 18, 2014. In the meantime, MOFCOM’s...
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