WHITEHOUSE STATION, N.J. — Drug maker Merck has completed its acquisition of eye care company Inspire.
As previously reported, Merck announced its plan to acquire the company for $5 per share in cash, or $430 million. In addition, Monarch Transaction, a wholly-owned subsidiary of Merck, has merged with and into Inspire, with Inspire surviving as a wholly owned subsidiary of Merck, effective today.