ENGLEWOOD Indian Mound Park left in ruins, residents look to rebuild People living in Englewood’s Indian Mound Park community are cleaning up what’s left of their homes.
CLEWISTON Two arrested in Clewiston teen’s murder Two people are in jail Tuesday night for the murder of 16-year-old Ja’yhanna Johnson.
FORT MYERS NWS surveys tornado damage as Lee County residents share their loss The National Weather Service got a firsthand look at what people in one Lee County neighborhood have been dealing with for a week.
NAPLES Naples stormwater project to reduce street flooding The project aims to improve water quality and reduce flooding in city streets that often experience heavy rainfall.
CAPTIVA How the South Seas Resort in Captiva is recovering after Milton At the South Seas Resort in Captiva, dozens of crews are working hard to restore power, remove trees and clear roads.
TWIN PALMS Twin Palm’s tornado was the strongest tornado ever recorded in southwest Florida A tornado from Hurricane Milton left a Glades County community in pieces. WINK News has confirmed that the tornado that hit the Twin Lakes Resort was the strongest tornado ever recorded in southwest Florida, according to the National Weather Service.
FORT MYERS BEACH Harry Chapin Food Bank on Fort Myers Beach after Milton People on Fort Myers Beach were feeling the love on Tuesday. Harry Chapin Food Bank set up a distribution site on the island.
IMMOKALEE Collier County woman arrested for shooting another woman in the face A woman has been arrested in Collier County after shooting another woman in the face, killing her.
FGCU FGCU athletic director speaks exclusively on House v. NCAA settlement FGCU athletic director Colin Hargis spoke exclusively with WINK News about how the House v. NCAA settlement impacts the athletic department.
MANASOTA KEY Residents let back onto south side of Manasota Key WINK News is getting a look at the south side of Manasota Key for the first time since Hurricane Milton.
BOCA GRANDE LCSO tours damage on Boca Grande after Milton An island community was almost completely underwater after Hurricane Milton.
PUNTA GORDA Punta Gorda reels from destruction, clings to hope The community of Riverside Drive in Punta Gorda was hit hard and mangled by hurricanes Helene and Milton.
CAPE CORAL Police searching for pair suspected of gift card fraud in Cape Coral and Fort Myers The Cape Coral and Fort Myers police departments are asking for the public’s help in identifying two individuals suspected of conducting fraudulent transactions.
Key permitting information by county for hurricane recovery If you’re recovering from Hurricane Milton, you need to pay attention to some critical permitting information in our area.
CLEWISTON New tips received in Clewiston teen’s murder; Two people arrested People are providing tips on the murder of a Glades County teenager.
ENGLEWOOD Indian Mound Park left in ruins, residents look to rebuild People living in Englewood’s Indian Mound Park community are cleaning up what’s left of their homes.
CLEWISTON Two arrested in Clewiston teen’s murder Two people are in jail Tuesday night for the murder of 16-year-old Ja’yhanna Johnson.
FORT MYERS NWS surveys tornado damage as Lee County residents share their loss The National Weather Service got a firsthand look at what people in one Lee County neighborhood have been dealing with for a week.
NAPLES Naples stormwater project to reduce street flooding The project aims to improve water quality and reduce flooding in city streets that often experience heavy rainfall.
CAPTIVA How the South Seas Resort in Captiva is recovering after Milton At the South Seas Resort in Captiva, dozens of crews are working hard to restore power, remove trees and clear roads.
TWIN PALMS Twin Palm’s tornado was the strongest tornado ever recorded in southwest Florida A tornado from Hurricane Milton left a Glades County community in pieces. WINK News has confirmed that the tornado that hit the Twin Lakes Resort was the strongest tornado ever recorded in southwest Florida, according to the National Weather Service.
FORT MYERS BEACH Harry Chapin Food Bank on Fort Myers Beach after Milton People on Fort Myers Beach were feeling the love on Tuesday. Harry Chapin Food Bank set up a distribution site on the island.
IMMOKALEE Collier County woman arrested for shooting another woman in the face A woman has been arrested in Collier County after shooting another woman in the face, killing her.
FGCU FGCU athletic director speaks exclusively on House v. NCAA settlement FGCU athletic director Colin Hargis spoke exclusively with WINK News about how the House v. NCAA settlement impacts the athletic department.
MANASOTA KEY Residents let back onto south side of Manasota Key WINK News is getting a look at the south side of Manasota Key for the first time since Hurricane Milton.
BOCA GRANDE LCSO tours damage on Boca Grande after Milton An island community was almost completely underwater after Hurricane Milton.
PUNTA GORDA Punta Gorda reels from destruction, clings to hope The community of Riverside Drive in Punta Gorda was hit hard and mangled by hurricanes Helene and Milton.
CAPE CORAL Police searching for pair suspected of gift card fraud in Cape Coral and Fort Myers The Cape Coral and Fort Myers police departments are asking for the public’s help in identifying two individuals suspected of conducting fraudulent transactions.
Key permitting information by county for hurricane recovery If you’re recovering from Hurricane Milton, you need to pay attention to some critical permitting information in our area.
CLEWISTON New tips received in Clewiston teen’s murder; Two people arrested People are providing tips on the murder of a Glades County teenager.
MGN NEW YORK (AP) – Pfizer is buying Hospira for approximately $15.23 billion, saying it is a good fit with its established global pharmaceutical business. The buyout will also help Pfizer tap into the growing market for biosimilars, which are cheaper versions of biologic drugs that are used to treat conditions such as anemia. Shares of both companies rose in morning trading Thursday. Hospira Inc., based in Lake Forest, Illinois, is a provider of injectable drugs and infusion technologies. It also offers biosimilars. Hospira announced last month that it was seeking approval from the Food and Drug Administration for Retacrit, a proposed biosimilar to the anemia treatments Epogen from Amgen and Procrit from Janssen. Pfizer Inc. will pay $90 per share in cash, which is a 39 percent premium to Hospira’s Wednesday closing price of $64.80. The companies put the deal’s value at about $17 billion including debt. Pfizer – which is the world’s second-largest drugmaker by revenue – said Thursday that it will use its global network to help expand Hospira’s reach to Europe and key emerging markets. Hospira’s products are currently distributed mostly in the U.S. Pfizer, a Dow component whose products include Viagra and painkiller Celebrex, has been under pressure from investors to boost its share price. The company has sold and spun off big parts of its business over the last few years, including animal health, nutrition and a capsule-making unit. This has helped, but hasn’t satisfied detractors. That’s pushed CEO Ian Read to attempt Pfizer’s oft-used strategy of doing big deals to quickly boost revenue and cut costs. Analysts have said that since Pfizer’s $119 billion offer for Britain’s AstraZeneca PLC was rejected last May it needed to find another big takeover target. Read previously said that he’s open to any deals that boost value. During a conference call on Thursday, Read said that it’s still too early to talk about whether any assets will need to be divested to get the Hospira deal done. John Young, group president of Pfizer’s established global pharmaceutical business, said that the companies’ analysis shows that their businesses are complementary, and that they will work with regulators in order to obtain the necessary approvals. Jefferies analyst Jeffrey Holford said in a client note that he believes the Hospira deal is a sign that Pfizer plans to separate its established global pharmaceutical business in 2017. Read said in the call that Pfizer doesn’t believe the acquisition will have an impact on the timing of the split, if the company decides to move forward with one. Pfizer expects to finance the Hospira transaction with a combination of existing cash and borrowing. There are no financing conditions. The New York company anticipates the acquisition delivering $800 million in annual cost savings by 2018. The deal is expected to add 10 cents to 12 cents per share to earnings in the first full year after the acquisition closes, with additional accretion expected after that. There is a $500 million termination fee, with the details of the fee to be disclosed in a forthcoming regulatory filing, Pfizer Chief Financial Officer Frank D’Amelio said during the call. Both companies’ boards unanimously approved the transaction. It still needs approval from Hospira shareholders, who are expected to vote on the buyout in the second quarter. The acquisition is targeted to close in the second half of the year. Shares of Hospira soared $22.70, or 35 percent, to $87.50 in morning trading. Pfizer’s stock added $1.03, or 3.2 percent, to $33.10.