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Mylan Is 'Comfortable Moving Forward' With Acquisition Of Sweden-Based Meda
Wednesday, April 6, 2016 - 1:23pm | 177Mylan NV (NASDAQ: MYL) announced in early February it had entered into an agreement to acquire Sweden-based Meda. Following the breakup of Pfizer Inc. (NYSE: PFE)'s proposed merger with Allergan plc Ordinary Shares (NYSE: AGN), investors are focusing in on other active M&A deals within the...
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Obama: Tax Inversions Are 'Wasteful'
Tuesday, April 5, 2016 - 1:50pm | 499President Barack Obama on Tuesday delivered a speech in which he called on Congress to put an end to tax inversion deals. One of the most highlighted tax inversion deals includes Pfizer Inc. (NYSE: PFE)'s merger with (NYSE: PFE) Allergan plc (NYSE: AGN), while lesser known deals consist of...
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Waste Connections-Progressive Waste 'Committed' To Merger After Tax Inversion Selloff
Tuesday, April 5, 2016 - 1:00pm | 349Shares of Allergan plc Ordinary Shares (NYSE: AGN) plunged more than 16 percent on Tuesday after the U.S. Treasury Department and Internal Revenue Service revamped their efforts to limit U.S.-based companies from participating in tax inversion deals. The announcement had a ripple affect across...
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EXCLUSIVE: FBB's Mike Bailey On Pfizer-Allergan Deal, Taxes, Rate Hike And Biotech Picks
Wednesday, November 25, 2015 - 10:53am | 652Speaking to Benzinga, FBB Capital Partners' Mike Bailey said the Pfizer Inc. (NYSE: PFE) - Allergan PLC (NYSE: AGN) deal is a good cultural fit. Bailey added the entire healthcare sector is active in M&A – akin to an "arms race." Bailey also highlighted Alexion Pharmaceuticals, Inc. (NASDAQ:...
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How Allergan Could Be Pfizer's Rocket Ship
Thursday, October 29, 2015 - 12:19pm | 583Pfizer Inc. (NYSE: PFE) confirmed media reports that the company is in talks with Allergan PLC (NYSE: AGN) over a potential business combination transaction. Pfizer said it is in "preliminary friendly discussions" with Allergan, but offered no assurances that the conversations will...
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What You Need to Know About The Burger King/Tim Hortons Deal
Tuesday, August 26, 2014 - 10:09am | 547Fast food giant Burger King (NYSE: BKW) is going shopping north of the border, buying Tim Hortons (NYSE: THI), Canada's most popular coffee and doughnut chain. If the merger closes it will Tim Hortons' second combination with an American fast food icon; it was at one time owned by Wendy...