Merck to Acquire Inspire Pharmaceuticals for $430 Million

Merck and Co., Inc. (Whitehouse Station, New Jersey), announced that it will acquire Inspire Pharmaceuticals, Inc. (Raleigh, North Carolina), for $430 million. Under the terms of the agreement, Merck, through a subsidiary, will commence a tender offer for all outstanding common stock of Inspire at $5 per share in cash...

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