Pfizer Inc. (NYSE: PFE) offered $164 million, or $8 per share, to acquire Coley Pharmaceutical Group Inc. (Nasdaq: COLY). Shares of Coley leaped $4.78 to $7.78 while Pfizer stock edged up 5 cents to $23.34.
Pfizer To Buy Coley
November 16, 2007 at 12:13 PM EST