Schering board endorses Bayer offer

The executive board of contrast media firm Schering of Berlin has issued a statement that it intends to recommend that Schering's shareholders approve the company's sale to Bayer.

Bayer has offered to acquire all shares of Schering at a price of 86 euros ($106.32 U.S.) per share in cash.

By AuntMinnie.com staff writers
April 19, 2006

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Schering partners with Philips, Siemens, November 29, 2005

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