AstraZeneca Says No to Pfizer's $119B Takeover Bid

May 20, 2014

NBC News

The board of AstraZeneca rejected the improved $119 billion takeover offer from U.S. drugmaker Pfizer, a decision that has led to a slide in the U.K. company's share price. In a statement Monday, AstraZeneca's board said it "reiterates its confidence in AstraZeneca's ability to deliver on its prospects as an independent, science led business." Read the full story

This story made our list of "Top Industry ShakeUps (and Shakedowns) from 2014." See the full list.

Join the discussion

We welcome your thoughtful comments. Please comply with our Community rules.
All comments will display your user name.

Want to participate in the discussion?

Register for free

Log in for complete access.


No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments