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SEC probes deals, seeks inside trading

Authors :
Strasburg, Jenny
Scannell, Kara
Source :
Wall Street Journal. Europe. Dec 11, 2009, A22
Publication Year :
2009

Abstract

The U.S. Securities and Exchange Commission is investigating at least nine possible violations of insider-trading laws related to recent mergers and acquisitions. Among others, the following transactions are being investigated: Pfizer Inc.'s takeover of Wyeth Corp., Merck & Co.'s purchase of Schering-Plough Corp., Abbott Laboratories' acquisition of Advanced Medical Optics, and Eli Lilly & Co.'s purchase of ImClone Systems Inc.

Details

Language :
English
ISSN :
09219986
Database :
Gale General OneFile
Journal :
Wall Street Journal. Europe
Publication Type :
News
Accession number :
edsgcl.214465746