Schering shareholders fight on

Gibson, Jane
January 2007
ICIS Chemical Business;1/22/2007, Vol. 2 Issue 50, p8
Trade Publication
The article reports that with a 96.2% majority, Bayer easily squeezed out the remaining Schering shareholders at an extraordinary general meeting. But some, unhappy with the size of the last offered €98.98/share pay out, vowed to sue for higher compensation. A representative of the shareholders' organization, Schutzgemeinschaft der Kapitalanleger cites that the squeeze-out will be much more expensive than Bayer expected Schering last traded at €100/share.


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