Global Animal Pharmaceuticals Market to Grow at a CAGR of 7.7%, 2016-2022 With Merck, Vetoquinol, Zoetis, Virbac, Boehringer Ingelheim, Perrigo Company & Eli Lilly and Company Leading - Research and Markets
UPDATE: U.S. stocks struggle to resume record run as traders wait for Trump's speech
UPDATE: Stocks retreat as investors await big Trump speech
Perrigo shares down 9% after company reports loss, sells drug royalties
The continuing U.S. stock market rally has diminished the number and similarity of purchases across these top managers.
Recent deals have been driven more by tax strategies than therapeutic synergies.
Favorable conditions are in place for merger-arbitrage ETFs, including increasing M&A activity and the likelihood of higher interest rates.