Emma Asma Cornwall
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All posts from Emma Asma Cornwall
Emma Asma Cornwall in Mergers & Acquisitions,

Are Pfizer and Allergan preparing a mega-merger?

I've heard that Pfizer and Allergan are considering a combination, which could create a huge entity with about $300B in market cap. Honestly I thought that Pfizer is done acquiring companies, it's already a behemoth in pharma industry, but looks like it's still on the agenda.

Pfizer recently approached Allergan about a deal, reported The Wall Street Journal.

Pfizer is in long-term uptrend which I correctly predicted in 2009, and honestly I don't think that such a deal could add any gains to company's shares. I'm skeptical about the deal and waiting for clarification...