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Deals Rumor Mill: Pfizer, Cosco Group, Towers Watson

By Benjamin Horney (November 19, 2015, 6:05 PM EST) -- Pfizer Inc. is closing in on a deal to buy Allergan PLC, the New York Times reported Thursday, and the transaction could see the pharmaceutical giant pay up to $150 billion for the Irish drugmaker. According to the report, a deal could value Allergan at up to $380 per share, and such a transaction would be the largest so far this year. The two companies confirmed in late October that they were in talks concerning a potential deal, though at that time they described it as "preliminary friendly discussions." Bringing together Allergan and Pfizer would create a pharmaceutical behemoth with a combined market capitalization of nearly $340 billion....

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