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Pfizer's rebuffed AstraZeneca bid leaks value

This article was originally published in Scrip

Executive Summary

AstraZeneca went public on 28 April to firmly rebuff Pfizer's takeover approach, just a few hours after the US company put its cards on the table after a week of speculation. The UK firm revealed that the mix of Pfizer's initial bid was 30% cash, 70% stock, a ratio that Pfizer was continuing to keep confidential.

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