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Transcripts For CNBC Squawk On The Street 20160406

Oil is on its way in about 90 minutes. As carl just said this morning we got news from alergan and pfizer walking away from a deal signed last year. One of the largest deals we receive in that center actually overall, in fact, and part of it done in part not just to try to fuel a growth but also to allow it to access cash overseas and bring it back to the u. S. And become a foreign taxpayer but on monday u. S. Issued regulations. This morning the u. S. Treasury at least was successful in doing just that, pfizer and allergan going their separate ways, allergan paying pfizer a 150 million fee over time theyve spent over the last few months in pursuing a deal together. Now theyre apart and going their separate ways. Were joined on set by Brent Saunders, the ceo of allergan. Thanks for being here. Thank you for having me. Its been a tumultuous couple of days. It has, yes. There was a call back in february. You were talking about the s ....

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