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Pfizer (PFE) is near a massive deal to buy Allergan (AGN) and redomicile in Ireland, multiple reports said, even as the Treasury Department plans to impose new restrictions on tax inversions. Pfizer are discussing a deal that would pay $370-$380 a share for Botox maker Allergan, Bloomberg and Reuters reported late Wednesday. Allergan rose 4.5% to 310.83 on Wednesday, but retreated after hours following news of the inversion rules. Allergan traded Scalper1 News
Scalper1 News