Pfizer Deal; Oracle Rising on TikTok News; Alphabet and DOJ
On this episode of Stock Movers:- Pfizer (PFE) is moving as it agreed to buy the obesity startup Metsera Inc. for an enterprise value of about $4.9 billion to bolster its pipeline after a key weight-loss pill foundered. The US drugmaker will pay Metsera $47.50 in cash per share, and further payments of up to $22.50 per share if three specific and regulatory milestones are met, it said in a statement Monday. The deal represents a 43% premium to Metsera’s closing share price on Friday. - Oracle (ORCL) is rising his morning on news would recreate and provide security for a new US version…
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