Sigma-Aldrich Hits High On Sale To Germany’s Merck

By | September 22, 2014

Scalper1 News

Shares of Sigma-Aldrich (SIAL), a major provider of chemicals and other products for the life-science industry, jumped more than 34% to an all-time high near 138 in the stock market today after German drugmaker Merck KGaA announced it’s buying the company for $17 billion in cash. Merck, which does business in the U.S. as EMD Millipore to avoid confusion with its long-separated offspring Merck (MRK), said the buyout represents a “quantum leap” in Scalper1 News

Scalper1 News