Pfizer to Acquire Wyeth, Creating the World's Premier Biopharmaceutical Company

US - Pfizer and Wyeth today announced that they have entered into a definitive merger agreement under which Pfizer will acquire Wyeth in a cash-and-stock transaction currently valued at $50.19 per share, or a total of approximately $68 billion. The Boards of Directors of both companies have approved the combination.
calendar icon 27 January 2009
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