Healthcare M&A

Speaking to Benzinga, FBB Capital Partners' Mike Bailey said the Pfizer Inc. (NYSE: PFE) - Allergan PLC (NYSE: AGN) deal is a good cultural fit. Bailey added the entire healthcare sector is active in M&A – akin to an "arms race." Bailey also highlighted Alexion Pharmaceuticals, Inc. (NASDAQ:...

Following months of takeover talks, Pfizer Inc. (NYSE: PFE) announced on Monday it has acquired Allergan PLC (NYSE: AGN) for around $155 billion. The combination of Pfizer and Allergan marks the largest consolidation in the healthcare space. Presidential candidates publicly opposed the...

A new report by Oppenheimer analyst Michael Wiederhorn looks at the favorable M&A environment in the healthcare sector. Wiederhorn discusses the reasons why now is the right time for consolidation and which names are likely buyout targets. Why Now? Low cost of capital is the primary...

Shares of CIGNA Corporation (NYSE: CI) are surging on Monday afternoon, up $19.80 to $157.12, a gain of nearly 15 percent. The stock first spiked around mid-day on Monday, after Dow Jones reported that Anthem Inc (NYSE: ANTM) was interested in a bid for the company at $175 per share. Wall...

Futures Lower on Debt Ceiling Fears U.S. equity futures traded slightly lower and European shares ticked down in early trade as investors feared the next upcoming cliff, that of the Debt Ceiling. Republicans look set to use the upcoming debate over increasing the debt ceiling to pass spending cuts...