Claritin, Coppertone and other health care products utilized by Minnesota consumers may be under new control according to a May 2 announcement. The German pharmaceutical company Bayer said that it will acquire Merck's consumer care business for $14.2 billion. Bayer will become one of the largest providers of over-the-counter drugs under this consolidation. Last year, this combination would have earned $7.6 billion in revenues.
Minnesota resident may have heard that the private equity firm Onex Corp. and entertainment company Cineplex Inc. might be joining forces to become the leading contenders to purchase arcade and restaurant chain, Dave & Buster's. The sales price is reportedly over $1 billion. Oak Hill Capital Partners currently owns the chain.