Pfizer to Buy Rest of Biohaven for $11.6 Billion

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Pfizer to Buy Rest of Biohaven for $11.6 Billion
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Pfizer said it agreed to buy the rest of Biohaven Pharmaceutical for about $11.6 billion, giving drugmaker full ownership of the Nurtec ODT migraine franchise

Pfizer is to pay a nearly 79% premium to Monday’s closing price for Biohaven Pharmaceutical’s shares.Pfizer Inc. on Tuesday said it agreed to buy the rest of Biohaven Pharmaceutical Holding Co. for about $11.6 billion, giving the New York drugmaker full ownership of the Nurtec ODT migraine franchise.

Pfizer said it would pay $148.50 a share in cash for the Biohaven shares that it doesn’t already own, a nearly 79% premium to Monday’s closing price of $83.14 for the

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