Aswath Damodaran Botox, Viagra or Placebo?: The Pfizer Allergan Deal
Published on Nov 18, 2015
Pfizer is planning to buy Allergan in a mega-deal, motivated by two factors: the desire to buy growth (which it sorely lacks) and move out of US tax jurisdiction. In this webcast, I look at both but spend most of my time assessing the value effect of the tax code
Slides: http://www.stern.nyu.edu/~adamodar/pd…
Spreadsheet: http://www.stern.nyu.edu/~adamodar/pc…
Blog Post: http://aswathdamodaran.blogspot.com/2…
