The $68 Billion Pfizer-Wyeth Deal Won’t Revive the Moribund Merger Market
Feb 2nd, 2009 | By Don Miller | Category: Financial NewsWhen Pfizer Inc. (PFE) unveiled a $68 billion buyout offer for U.S. rival Wyeth (WYE) last week, it sparked hopes that the deal might re-ignite the moribund merger market. But when the Wall Street dealmakers take a closer look, those flames will likely be doused in cold water.