written on 23.05.2014

Leading Pfizer and AstraZeneca shareholder BlackRock wants the megamerger

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Four times Pfizer has made offers to buy AstraZeneca and four times, the U.K. company has said no. But the world's largest money-management firm hopes in this case no doesn't mean no. BlackRock–which owns 8% of AstraZeneca and 6.8% of Pfizer–is encouraging discussions between the two companies, according to Bloomberg, which cited anonymous sources.