The list price for a pair of generic Adrenaclick pens, which uninsured customers may have to pay, is about $400, compared with more than $600 for a pair of EpiPens. Coupons for both products can lower the price further.
A major difference between a merger and acquisition is that, generally in a merger the companies that come together will be of similar size; however, in an acquisition, one company will be larger and stronger than the smaller company that is being acquired.
Legally speaking, a merger requires two companies to consolidate into a new entity with a new ownership and management structure (ostensibly with members of each firm). An acquisition takes place when one company takes over all of the operational management decisions of another. The more common interpretive distinction is whether the purchase is friendly (merger) or hostile (acquisition). In practice, friendly mergers of equals do not take place very frequently.