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AZ spurns Pfizer, Bayer/Merck deal nears

Reuters Business
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May 02, 2014 AT 10:55 AM
Pfizer ups its offer for AstraZeneca to $106bn in a deal that would create the world's largest pharma - but is promptly rejected. And Bayer is reported to be near to closing a $14bn deal with Merck. Hayley Platt reports.