In hot pursuit: Pfizer hints it may raise bid; CEOs grilled in UK
By Nuala Moran
Tuesday, May 13, 2014
LONDON - Pfizer Inc. has increased the pressure on Astrazeneca plc, publishing a presentation to the UK company's shareholders in which it outlines the strategic rationale for the proposed £63 billion (US$107 billion) takeover, and hints it is prepared to increase the offer.
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