Money

Mega deals morph into mega problems for Wall Street

Written by Teunis Felter

If 2015 was a dream year for Wall Street’s top dealmakers, 2016 is starting to take a nightmarish turn. Some of the mega transactions that had champagne corks popping in boardrooms are running into antitrust problems and, in the case of pharmaceutical firm Pfizer Inc’s $160 billion takeover of rival Allergan, political opposition to a deal that envisaged the biggest drug company in the United States moving to Ireland to lower its taxes.

http://www.reuters.com/article/us-global-m-a-regulation-idUSKCN0X40CF

 

About the author

Teunis Felter

Teunis Felter has over 20 years experience as an author, editor, and scientist. When not exploring outside, he enjoys reading history, researching genealogy, and civilly discussing politics.