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Merck & Co. Inc. Gets Multiple Rating Actions; Schering-Plough Ratings Raised, Off
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Pharma Live
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November 05, 2009
--U.S. pharmaceutical giant Merck completed the $41 billion acquisition of Schering-Plough. --We are affirming our 'AA-' corporate credit and senior unsecured ratings on Merck. The 'A-1+' commercial paper rating is also affirmed. A single IRB rating is lowered, as it will not benefit from a set of c...
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