Strategy+ advised one of the world’s premier biopharmaceutical companies Pfizer (NYSE: PFE) on the merger with global pharmaceutical company Allergan plc (NYSE:AGN). The definitive merger agreement was announced November 23, 2015. Pfizer and Allergan were combining in a stock transaction for a total enterprise value of approximately $160 billion.
Slated to be the largest pharma transaction in history, the agreement was later shut down by the Obama administration.