Monday, January 26, 2009

Pfizer wants to Acquire Wyeth

Pfizer Agrees in Principle to Acquire Wyeth for $68 BillionPfizer, the world's largest drug maker, agreed in principle on Sunday night to acquire a rival, Wyeth, for $68 billion, according to people involved in the negotiations. Barring an 11th-hour twist, the transaction is expected to be announced Monday morning, these people said.

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http://www.nytimes.com/?emc=na

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