Guggenheim's Alan Schwartz reaps benefits of Pfizer-Allergan deal

Guggenheim's Alan Schwartz reaps benefits of Pfizer-Allergan deal

Alan Schwartz, executive chairman of Guggenheim Partners. REUTERS/Danny Moloshok

Alan Schwartz knows how to play a long game. The executive chairman of boutique investment bank Guggenheim Partners spent almost 20 years cultivating Pfizer boss Ian Read as a client. His strategy paid off handsomely when Guggenheim was named lead adviser for one of the biggest deals in history – Viagra-maker Pfizer‘s $160 billion acquisition of Botox-maker Allergan.

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