Potential suitors have been jockeying for position in an attempt to buy Merck's (MRK 2.93%) consumer care division, which is known for products like coppertone sunscreen, Claritin (an allergy medicine), and Dr. Scholl's foot care. Bids may come in as high as $14 billion for the division, which generated $1.9 billion in sales last year.
The proposed sale is part of a broader trend that we've been seeing in health care, as big pharma companies divest divisions that aren't central to their business models to free up cash for R&D and M&A in areas of particular expertise.
In this video, from Tuesday's Market Checkup, Motley Fool health care analysts Michael Douglass and David Williamson discuss potential suitors and the implications of the massive potential deal.
