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Dr. Fly
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,473 Blog Posts

Pfizer Really Wants That Tax Inversion: Bids $150 Billion for $AGN

Dr. Fly Thu Nov 19, 2015 7:02am EST 1 Comment

This will be a very, very big deal, the biggest ever. Can you blame them? U.S. tax rates are onerous and our politicians are monumentally idiotic.

If true, this bid puts the shares at a 20-20% premium to yesterday’s closing price.

Pfizer Inc is in talks to acquire Allergan Plc for $370-$380 per share, according to a person familiar with the matter, valuing the potential deal at around $150 billion, the healthcare sector’s biggest.

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One comment

  1. traderconfessions
    traderconfessions
    November 19, 2015 at 8:15 am

    Yes I blame them. Anything over 0% is considered onerous. Middle finger to our country and its citizens.

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