written on 21.04.2014
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Bulk up or slim down? Maybe both: Pfizer said to weigh a $100B deal for AstraZeneca

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We thought Pfizer was on a diet. After all, CEO Ian Read has garnered investor acclaim for his unit sales and spinoffs, and more of that action is expected. But the U.S.-based drug behemoth reportedly made a $100 billion-plus merger pitch to its struggling rival AstraZeneca. That would be quite a deal to digest.

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