Pfizer Inc , which in May abandoned its $118 billion bid for AstraZeneca Plc , on Tuesday left investors guessing whether it would renew its pursuit of its British rival, but said it was considering other deals. Under UK takeover rules, AstraZeneca can attempt to re-engage with Pfizer in August, and Pfizer can make another run at AstraZeneca in November. Pfizer officials on Tuesday gave no hints of whether they would do so, although Chief Executive Ian Read said Pfizer is not currently "doing any work on AstraZeneca" because of a six-month quiet period imposed by U.K. regulators. Pfizer officially gave up its six-month quest to buy AstraZeneca after its final bid was rejected on May 26.
via Health News Headlines - Yahoo News Read More Here..
No comments:
Post a Comment