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Description: Pfizer Inc. and Allergan PLC said Monday that they would merge in a so-called inversion deal worth about $155 billion that would create the world’s biggest drug maker by sales.

Source: MarketWatch.com

Date: Nov 23, 2015

Link: http://www.marketwatch.com/story/pfizer-allergan-in-155-billion-inversion-deal-2015-11-23-84852729

Questions for discussion:

  • What is an “inversion deal”?
  • What motivated this merger?
  • Do you think it suggests anything about the state of affairs in the industry?

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