Description: Pfizer (U.S.-based company) will merge with Allergan (Irish-based company) in a $160 billion mega-merger. This is the biggest deal ever in the Pharmaceutical industry. The deal involves Allergan taking over Pfizer – this is being termed as an ‘inversion’ deal.
Source: CBC
Date: November 23, 2015
Video Link: http://www.cbc.ca/player/play/2679340898
Questions for Discussion:
- What is an inversion deal?
- What are the economic reasons for this merger?
- What impact will this merger have on drugs sold by these two companies?
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