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Pfizer, Allergan form world's largest drugmaker in $160 billion deal

2015-11-23 21:31:43| Biotech - Topix.net

Pfizer and Allergan are joining in the biggest buyout of the year, a $160 billion stock deal that will create the world's largest drugmaker. It's also the largest so-called inversion, where an American corporation combines with a company headquartered in a country with a lower corporate tax rate, saving potentially millions each year in U.S. taxes.

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Category:Biotechnology and Pharmaceuticals

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