HALISTER: Pfizer Said to Terminate $160 Billion Merger With Allergan

Pfizer Said to Terminate $160 Billion Merger With Allergan

(Bloomberg) -- Pfizer decided to terminate its $160 billion merger with Allergan, a person with knowledge of the matter said.
  • Pfizer will need to pay a $400m fee to Allergan for expenses relating to the deal, the person said, asking not to be identified as the information is private
  • Representatives for Pfizer and Allergan declined to comment
  • CNBC reported earlier that the companies were scrapping the merger, without naming its sources
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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PFE US (Pfizer Inc)
AGN US (Allergan plc)

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