NEW YORK (AP) — Merck & Co. and Schering-Plough Corp. say they are offering to disclose new information about their planned tie-up to settle a class action lawsuit by shareholders. The New Jersey-based companies proposed a settlement in which they would disclose more information about the proposed $41.1 billion combination, the opinions of financial adviser JPMorgan on the fairness of the deal, and other details. No damages would be paid, and Merck says the settlement is not an admission of wrongdoing or liability. It says the plaintiffs will be able to request that Merck pay their fees and costs. Schering-Plough says if the court approves the settlement, it will resolve all claims that were brought or could be brought by shareholders.
