Anonymous
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Anonymous
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That wasn't my point, maybe I did not state it correctly. I realize AZ and Pfizer are much bigger regardless of share price, and Pfizer has the ability to make it happen no matter what. I was simply stating that as the stock goes up the Actavis board will certainly demand a hefty premium. If Pfizer wants us at any cost, it's going to happen. But it's not a hostile takeover, so it still comes down to how much they are willing to offer and the board approving.
And we know that we are Pfizers last best option. Therefore it will be a hefty premium for sure