Divest With Care
Harvard Business Review
DECEMBER 10, 2012
If a target got through the initial screen, the group was able to perform the necessary due diligence in three or four weeks. Pfizer divested its consumer health care business in 2006, selling it to J&J for more than 20x EBITDA. Indeed, the median acquisition at this company was for less than $15 million. Pfizer Inc.
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