1) On July 28, 1993, Merck & Company, then world’s largest drug manufacturer, announced that it planned to obtain, for $6.6 billion, Medco Containment Services Incorporated, largest prescription benefits management company (PBM) and marketer of mail-order medicines in United States. This union reflected fundamental modifications taking place in pharmaceutical industry.
Your Role/Assignment
You are a Chairman and CEO of Merck. Create the recommendation to Board of Directors of Merck & Co. regarding this acquisition based on the recommendations of the three associates and your own analysis. You are Chairman and Chief Executive Officer of Merck & Company, and you will make final “yes” or “no” recommendation to Board of Directors of company. You are listening to counsel of different department heads regarding this acquisition. Based on the evaluations and extra analysis of the recommendations of 3 associates, make your advice to Board of Directors. What will you recommend? Yes? No? Yes with some suitable conditions? Write down the reasons for your recommendation?
Write an 8 -10 page paper (double spaced) of written analysis, including tables of financial calculations
Additional Requirements
Min Pages: 7
Max Pages: 9
Requirements: Write an 8 -10 page paper (double spaced) of written analysis, including tables of financial calculations and state all the references.