Monday, January 26, 2009

The Real World: Pfizer To Buy Wyeth for $65B

I know this isn't really "StarrstrukkSoul" like.... but since i did work in the pharma arena, this peaked my interest.

TRENTON, N.J. – No. 1 drugmaker Pfizer Inc. said Monday it is buying No. 12 Wyeth for $68 billion in a deal that ultimately will wipe out nearly 20,000 jobs but quickly boost Pfizer's revenue and profit and transform it overnight into a medicine cabinet for all.
To read the rest of the article go here.

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