Will This Billion-Dollar Acquisition Be a Smart Move for Merck?

Will This Billion-Dollar Acquisition Be a Smart Move for Merck?

Submitted by admin on January 27, 2023 - 10:47am
Source: 
Motley Fool
News Tags: 
Merck
M&A
Imago BioSciences
Headline: 
Will This Billion-Dollar Acquisition Be a Smart Move for Merck?
snippet: 

  • The pharma giant just purchased Imago BioSciences for nearly $1.4 billion.
  • This move bolsters its oncology portfolio and includes a drug with blockbuster potential.
  • Merck’s stock remains an all-around bargain for just about every investing strategy.

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