Media reports reveal that Pfizer plans to increase its bid to acquire AstraZeneca as it seeks to bring the British pharmaceutical giant to the negotiating table. Pfizer disclosed Monday that AstraZeneca in January rejected an offer of about (Dollar) 99 billion to acquire the British company and that AstraZeneca last weekend rebuffed a second effort to engage in merger talks. AstraZeneca on Monday said Pfizer's bid "significantly undervalued" the British company. ...
via Medindia Health News
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