Pfizer to acquire Wyeth for $68 billion dollars

Pfizer to acquire Wyeth for $68 billion dollars
epa01614571 Jeffery B. Kindler, Chairman and CEO of Pfizer (L) speaks as Bernard Poussot, Chairman and CEO of Wyeth listens at a press conference to announce that Pfizer will acquire Wyeth for approximately 8 billion dollars, at Pfizer headquarters in New York, USA, 26 January 2009. It would be one of the biggest takeovers in years and the most important one since the outbreak of the financial crisis. The last deal of comparable size was the AT&T-BellSouth merger for 70 billion..dollars in March 2006. EPA/PETER FOLEY