A.H. Robins Co. and Rorer Group Inc....
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A.H. Robins Co. and Rorer Group Inc. agreed to a merger worth $2.6 billion, which would create the nation’s sixth-largest over-the-counter drug company. Robins, of Richmond, Va., is the maker of the troubled Dalkon shield contraceptive. Rorer, a Fort Washington, Pa.-based drug maker is best known for its Maalox antacid liquid and tablets. The agreement must be approved by the federal bankruptcy court that is supervising Robins’ bankruptcy proceedings before it can be finalized. The thousands of claimants who are suing Robins for damages caused by the defective contraceptive have opposed the merger.
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