Pfizer wins Warner-Lambert with $84 million acquisition
Article Abstract:
Pfizer Inc. has acquired Warner-Lambert Co. in a deal valued at $84 billion (85.96 billion euros). The acquisition is the largest hostile takeover ever in US history.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Pfizer concludes turbulent takeover of Warner-Lambert
Article Abstract:
Pfizer Inc. stated that it finally completed its takeover of Warner-Lambert Co., creating the biggest pharmaceuticals firm in the world, with a projected annual revenue of $31 billion (Euro32 billion). The deal's value was $116 billion based on Monday's closing stock price, reflecting an increase in Pfizer's stock in recent weeks.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Speaking now: Pfizer tries to snatch Warner-Lambert from rival AHP; record $82.4 billion bid is aimed at a cash cow and a research bull; letters fall on deaf ears
Article Abstract:
Pfizer Inc launched a hostile takeover of Warner-Lambert Inc for $82.4 billion after Warner-Lambert signed a $72 billion merger agreement with American Home Products Corp. Pfizer is interested in increasing its research and development budget as well as Warner-Lambert's drug, Lipitor.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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