Advanced Corporate Finance Pfizer’s unsuccessful takeover of AstraZeneca For an overview of the case please read the timeline available at http://www.theguardian.com/business/2014/may/14/pfizer-takeover-approach-astrazeneca-timeline This case illustrates how a takeover unfolds when the target’s management are not in favour of the takeover. Pfizer keep raising their offer price whilst AstraZeneca provide a defence […]