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DewDiligence

06/03/21 9:46 AM

#598 RE: DewDiligence #594

MRK completes OGN spinoff:

https://finance.yahoo.com/news/merck-announces-completion-organon-co-104500216.html

In connection with the spinoff, Merck received a distribution from Organon of approximately $9 billion.

Some of this money will presumably be used for M&A.