YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Merck divests stake in Moderna

Posted online

Merck sold its equity investment in Moderna, company officials announced.

Merck officials said the company expects a small gain from the sale in the fourth quarter. The financial terms were undisclosed.

Moderna was valued at $55.8 billion as of Tuesday's closing price.

Read more from CNBC.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
From the Ground Up: Roy Blunt Hall addition

Missouri State University’s science building, built in 1971 and formerly called Temple Hall, is being reconstructed and updated.

Most Read
Update cookies preferences