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Watson wants a bulls-eye with the Arrow deal

Posted Jun 17th 2009 2:50PM by Tom Taulli (RSS feed)
Filed under: Deals

While M&A activity has been mostly lackluster, this has not been the case in the pharma industry. The major players are trying to reposition themselves for changes in regulations, as well as patent expirations of mega drugs.

So, today we got another deal: Watson Pharmaceuticals (NYSE: WPI) agreed to purchase Arrow Group for $1.75 billion. The transaction will be paid in cash and stock.

Continue reading Watson wants a bulls-eye with the Arrow deal

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