Tuesday, May 27, 2014

AstraZeneca shares fall after Pfizer walks away

LONDON (Reuters) – Shares in AstraZeneca (AZN.L) fell 2.3 percent on Tuesday after U.S. drugmaker Pfizer (PFE.N) said it would not make a formal bid to acquire its smaller British rival.
Pfizer’s decision – announced on Monday during a public holiday – had been widely...
AstraZeneca shares fall after Pfizer walks away

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