Merck delays $11.5B Acceleron buyout to give antitrust watchdog 'additional time for review'
Merck’s $11.5 billion Acceleron Pharma buyout may not happen quite as soon as the Kenilworth, NJ-based pharma company had hoped.
On Friday, Merck revealed that it had temporarily withdrawn its premerger notification and report form — which provides more information about large M&A deals to the Federal Trade Commission and Department of Justice before they occur — to allow the FTC more time for review. The company says it plans to refile today, or soon after, in the hopes that it can still seal the deal by the end of Q4.
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