Biggest Pharmaceuticals Mergers And Acquisition in History

Pfizer  (PFE) - Get Pfizer Inc. Report made headlines on Monday when it announced that it's buying Arena Pharmaceuticals  (ARNA) - Get Arena Pharmaceuticals, Inc. Report in $6.7 billion deal.

Related: Pfizer To Buy Arena Pharmaceuticals in $6.7 Billion All-Cash Deal

The pharmaceutical giant is paying $100 per share in cash for Arena. 

It's worth noting that Pfizer has been known for acquiring small pharmaceutical companies. In 1999, it acquired 165-year old Warner-Lambert in a deal valued $87.3 billion. The deal is the largest acquisition of any pharmaceutical companies so far.

Not only that, Pfizer had also acquired other two companies - Pharmacia (2002) and Wyeth (2009) - whose deals made it to the list of top ten pharmaceuticals mergers and acquisition so far.

Watch the video above to know more. 

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