News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

The Role Of The CFO In A Hostile Takeover


6/13/2014 7:02:02 AM

free biotech news Get the latest biotech news where you want it. Sign up for the free GenePool newsletter today!

US PHARMACEUTICAL GIANT Pfizer’s recent attempt to take over another major player in the industry, AstraZeneca, shows how easy it for a deal to fail. Having spent a month out in the open after making public its desire to buy the British drugmaker, Pfizer was unable to clear enough hurdles to push the deal through. Concern that the transaction was merely a tax mitigation exercise certainly didn’t help matters, while AstraZeneca’s board was stubborn in its call for a higher price to be set – one that would incorporate its future pipeline of medicine.

Hey, check out all the research scientist jobs. Post your resume today!

Read at News Release

comments powered by Disqus
 
 

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES