Pfizer Extends Tender Offer to Acquire King Pharmaceuticals, Inc. to January 28, 2011 All Conditions to Tender Offer Expected to be Satisfied by New Expiration http://finance.yahoo.com/news/Pfizer-Extends-Tender-Offer-bw-2479939471.html The Flector Patch will save us!!!
I think we are being naive here, I have a bad feeling this is going to result in more Pfizer job loss than King job loss.
My heart goes out to you King reps. I was lucky after the Wyeth buyout. Above all, keep a positive attitude and good offers will come your way. This is capitalism at its worst! There is nothing we can do about these things, so try to look forward and not backward.
Day 1: Celebrate a coming together of the company, host press conferences and joint photo ops. Day 2: Layoff notifications begin for King reps and virtually all other employees. Day 3: Tow trucks arrive for Car pick-ups and check out procedures begin. Day 5: Pfizer announces it saved more than expected in the integration and will announce an increase in annual earnings guidance and stock dividend increase.
You don't want to know. It's up to you. Please don't do anything irresponsible. Have faith, it'll get better.
That King rep is correct. Heard it at PFE; they have some solid stuff going and will be kept until we are probably all laid off when Lipitor blows.