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Thursday, February 5, 2015

Deals of the day- Mergers and acquisitions, (NYSE: HSP), (NYSE: PFE)

The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:** Drugmaker Pfizer Inc said it would purchase Hospira Inc for about $15 billion to boost its portfolio of generic injectible drugs and biosimilars, or copies of biotech drugs.

Hospira, Inc. (Hospira) is a provider of injectable drugs and infusion technologies. Shares of HSP traded higher by 35.25% or $22.84/share to $87.64. In the past year, the shares have traded as low as $40.41 and as high as $66.56. On average, 1017200 shares of HSP exchange hands on a given day and today's volume is recorded at 40946040.

Pfizer Inc. (Pfizer) is a research-based, global biopharmaceutical company. Shares of PFE traded higher by 2.87% or $0.92/share to $32.99. In the past year, the shares have traded as low as $27.51 and as high as $33.50. On average, 25562300 shares of PFE exchange hands on a given day and today's volume is recorded at 59038800.



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