Pfizer to acquire Seattle based biotech company Seagen for $43 billion
Pfizer Inc. and Seagen Inc. announced that they have entered into a definitive merger agreement under which Pfizer will acquire Seagen, a global biotechnology company that discovers, develops and commercializes transformative cancer medicines, for $229 in cash per Seagen share for a total enterprise value of $43 billion. The boards of directors of both companies have unanimously approved the transaction.
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