Merck's Potential Buyout Of Seagen Expected Within Next Few Weeks: Report

Merck & Co Inc  (NYSE: MRK ) is in advanced talks to acquire Seagen Inc  (NASDAQ: SGEN ), and an agreement on a purchase is expected in the next few weeks, Wall Street Journal reported  citing people familiar with the matter. The potential deal could be worth roughly $40 billion or more. Related:  Full story available on Benzinga.com