The WSJ is reporting that Pfizer is in discussions to acquire AGN, which, if permitted, would catapult PFE to the 6th largest company in America by market cap.
The process is at an early stage and may not lead to an agreement, the Journal said. Pfizer has a market capitalization of about $219 billion and Allergan has a market value of about $113 billion. Joan Campion, a spokeswoman for Pfizer, said the company doesn’t comment on speculation, while Mark Marmur at Allergan didn’t comment.
A deal of this size is bound to have ripple effects, as the biotech industry reels from one heck of a fucked up tape. Perhaps this is the jolt needed to get the animal spirits going again. One thing is for certain, if this merger passes, PFE will be a force to be reckoned with.
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Great list… if I may… ORLY and DHR. Nuff said
YESSSSS