Wyeth shareholders OK Pfizer’s buy

Wyeth shareholder voted today to approve rival Pfizer Inc.’s $68 billion acquisition of Wyeth.

New York-based Pfizer is already the world’s largest drug maker by revenue, and the acquisition of Madison, N.J-based Wyeth, the 12th-largest in 2008, would expand its lead.

More than 98 percent of Wyeth stockholders voted to approve the $68 billion acquisition, according to media reports.

Read Full Article from Bizjournals.com

- Posted: 2009-07-20 10:50:48

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