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Schering-plough And Merck Provide Update On Distribution Agreement

By TechAgreements

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Any change or termination of the distribution agreement is excluded by the Merck/Schering-Plough merger agreement from the definition of "material adverse effect" and from the definition in the credit agreements entered into in connection with financing the merger. The companies continue to expect the merger to be completed in the fourth quarter without regard to the arbitration.

Full post as published by TechAgreements on May 28, 2009 (boomark / email).

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