The sweetened offer of 1.845 shares in the combined company and £15.98 ($26.96) in cash for each share of AZN is about 7% better than the offer PFE made in Jan 2014 and disclosed a few days ago.
*$84.47 nominal value is based on the current exchange rate and PFE’s closing price of $31.15 on 5/1/14.
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