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How much AstraZeneca might have to pay in rumored takeout of Shire
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Connecting the dots on AZ
-- Jennifer Rhodes
Published on
Monday, January 21, 2013
Street watchers are trying to
connect the dots to figure out new CEO Pascal Soriot's plans for AstraZeneca
plc (LSE:AZN; NYSE:AZN). Starting with his October suspension of the
company's share buyback plan - implying AZ might use its cash for something
else - and adding last week's management shake-up, they have arrived at the
idea that the pharma might be in the market for rare disease company Shire
plc (LSE:SHP; NASDAQ:SHPG).
On his first day in October,
Soriot suspended AZ's $4.5 billion
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