Archive for January, 2009

Pfizer to buy Wyeth for $68 billion, cut jobs
Source: Associated Press/AP Online
Publication date: 2009-01-26
NEW YORK - Pfizer Inc. is buying rival drugmaker Wyeth in a $68 billion cash-and-stock deal that will increase its revenue by 50 percent, solidfy its No. 1 rank in the troubled industry and transform it from a pure pharmaceutical company into […]