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Organon Takeover Too Costly and Complicated, Says Merck & Co., Inc.; Merck Plans to Close R&D and Production Line with the Loss of Over 2,000 Jobs
March 7, 2011
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1 min read
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Dutch News -- US pharmaceuticals giant Merck turned down an offer for its Organon unit in Oss because it would cost the company $700m more than closing it down, the company told a court hearing on Friday.
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