Pfizer planning to make sweetened bid for AstraZeneca PLC: WSJ

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Pfizer planning to make sweetened bid for AstraZeneca PLC: WSJ

NEW YORK (Reuters) - Pfizer Inc was planning to make a sweetened bid for AstraZeneca PLC on Sunday, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Pfizer, which has already been rebuffed more than once by AstraZeneca, first approached it late last year about a trans-Atlantic tie-up that would rank as one of the healthcare industry's biggest ever, WSJ reported. The U.S. pharmaceutical company's most recent offer, made at the beginning of the month and worth about $106 billion, was rejected by AstraZeneca's board. ...

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