PRESS DIGEST - Wall Street Journal - April 25
April 25 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- Germany's Merck KGaA MRCG.DE said on Thursday it is in late-stage talks to acquire U.S.-based SpringWorks Therapeutics SWTX.O for about $3.5 billion, a deal that could give it access to a recently approved rare disease drug and expand its portfolio of experimental cancer treatments.
- Parcel giant UPS UPS.N said on Thursday it would buy Canada's Andlauer Healthcare Group AND.TO in an all-cash deal valued at $1.6 billion, boosting its healthcare logistics business.
- The Federal Communications Commission (FCC) has begun discussing with Paramount Global PARA.O initial steps the company would need to take to secure the agency's approval of its merger with Skydance Media.
- Charlie Morrison, who previously led fast-growing chicken chain Wingstop as CEO, is set to take over that role at Jersey Mike's on Monday.
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