Bloomberg, the BBC's Kamal Ahmed (a jolly nice chap and my old boss from time at The Sunday Telegraph) and Channel 4's Faisal Islam have been alluding to Pfizer potentially going "hostile" on AstraZeneca following the release of the US company's statement this morning. Here is a link to the statement: http://www.investegate.co.uk/pfizer-inc--pfz-/rns/pfizer-s-possible-offer-for-astrazeneca-plc/201405130700379374G/
I think I mentioned on Sunday the "hostile" bid rumour was rattling around the market towards the end of last week. Here is a link to the article: http://betaville123.blogspot.co.uk/2014/05/sunday-review.html#more
Anyway, some sources tell me a formal hostile offer for AstraZeneca from Pfizer is "impossible", so make what you will of these latest tales about the possibility of Pfizer going hostile. Empty threats or genuine threats? I will let you, the informed reader, decide.
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