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Merck bids $17.4 billion for ScheringReuters - FRANKFURT


Merck bids $17.4 billion for Schering
Reuters - FRANKFURT (Reuters) - German drugs and chemicals group Merck said on Monday it will offer 14.6 billion euros ($17.4 billion) in cash for domestic rival Schering, marking the first big all-German consolidation step in the industry. Merck confirmed it