Monday, April 28, 2014

Pfizer contacts AstraZeneca for potential $100 billion deal (Video)

The drug giant Pfizer has confirmed it has contacted AstraZeneca over a possible multi-billion pound takeover.  Pfizer said it made an initial approach in January, but after "limited high-level discussions" AstraZeneca discontinued the talks on 14 January.  It said recent market developments had prompted it to approach AstraZeneca for a second time.
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