(failed) Acquisition of Allergan by Pfizer. Multiples Valuation and Event Study Analysis

Bachelor Thesis from the year 2017 in the subject Economics - Finance, grade: 2,0, University of Mannheim, language: English, abstract: The thesis analyses the merger of Pfizer Inc. and Allergan in 2015. The goal of the thesis is to value Allergan using multiples at the time of a takeover announcement and to examine whether the offer price is fair. The thesis further examines the price reactions o...