The Traderszone Network

Published in TZ Latest News 6 September, 2014 by The TZ Newswire Staff

Pfizer: You Won’t Fool Me Twice

By Marshall Hargrave:

Pfizer (NYSE:PFE) tried to buy up AstraZeneca (NYSE:AZN) back in May in an effort to take advantage of the tax inversion craze. But AstraZeneca rejected the bid, noting that the $106.5 billion bid just didn’t fully recognize the company’s value.

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