Merck CFO sells shares |
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Tue, 31 Jul 2007 20:49
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NEW YORK (AP) - The executive vice president and chief financial officer of drug maker Merck & Co. Inc. sold 50,000 shares of common stock, according to a Securities and Exchange Commission filing Monday.In a Form 4 filed with the SEC, Judy C. Lewent reported she sold the shares Thursday for $52.03 to $52.29 apiece.Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.Merck is based in Whitehouse Station, N.J.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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