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DewDiligence

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DewDiligence

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Re: DewDiligence post# 177378

Friday, 05/02/2014 7:11:00 PM

Friday, May 02, 2014 7:11:00 PM

Post# of 257257
PFE sweetens offer for AZN to a nominal value of $84.47/sh in cash and stock:

http://www.sec.gov/Archives/edgar/data/78003/000119312514178553/d718639dex991.htm

AstraZeneca shareholders would receive, for each AstraZeneca share, 1.845 shares in the combined company and 1,598 pence in cash, representing an indicative value of £50.00 ($84.47) per share…(on the basis of Pfizer’s closing share price of $31.15 (and an exchange rate of $1.00:£0.5919) on 1 May 2014).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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