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A Blockbuster Deal, But Is It Really What It Seems?

2015-05-08 00:19:25| Appliances - Topix.net

Everyone who watches corporate mergers was talking Wednesday about the huge deal by Alexion to buy fellow drugmaker Synageva, an $8.5 billion blockbuster that would be one of the largest takeovers ever by a Connecticut company. The cash-and-stock deal announced by Cheshire-based Alexion is nearly twice as big as the 2010 deal in which The Stanley Works paid $4.5 billion in stock to inhale rival Black & Decker.

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