Monday, November 23, 2015

Pfizer buying Allergen for $160 billion

  We just heard this morning that Pfizer, the maker of Viagra and Allergan, maker of Botox, will combine and will easily be the largest drugmaker in the world.

   Pfizer is paying $160 billion for Allergan, buy what is called the inversion of buying an overseas company, will lower their taxes.

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