Pfizer (PFE) Gives Up Pursuit of AstraZenaca

American drug maker Pfizer (PFE) announced Monday that it was officially withdrawing its $119 billion takeover bid of AstraZenaca as the London-based pharmaceutical company remained firm in opposing the deal. “Following the AstraZeneca board’s rejection of the proposal, Pfizer announces that it does not intend to make an offer for AstraZeneca,” the company said in […] View the full post at: Pfizer (PFE) Gives Up Pursuit of AstraZenaca Related posts: The London Stock Exchange Dumps BofA as M&A Advisor CIT Group Obtains $4.5B in Financing CKE Restaurants: A Burger Bidding War